Blog Detail

Wallace Donald has advised of the passing of Margaret Rath on 28 March aged 80 years

Margaret was the wife of John Rath, Planning Branch Economist at OTC, who worked with Bob Long, Cyril Vahtrick, Ron Knightly, W G Gosewinckel and Wallace, etc, and was somewhat famous in that role).

John lost his wife Margaret on 28th March, passing away at home and leaving John, 4 children, and eight grandchildren.

Margaret’s funeral service will be held at Olsen’s Chapel, Sutherland on Tuesday 7th at 10 am with a burial at Woronora cemetery later. The service and burial are to be PRIVATE due to limits on numbers attending.

However the Chapel service will be live streamed online but access to the live stream will have to be approved by the family through Olsen’s. The family must OK viewing of the live streaming of the funeral service

If you would like access to the live stream please contact Olsen’s on Monday morning (6 April 2020). Olsen’s: phone (02) 9545-3477.

John and Margaret once lived in Engadine NSW, but of course that was many years ago, from the mid-1960s till 1990 at least.

Wallace worked with John during the 1960s while Planning satellites and Cable Systems and the very fast expansion of services those facilities enabled.

John’s Economic Unit comprising himself alone but expanded from the mid-1960s to include several staff amongst whom were: Joe Kristof; Stephen van Eyk. Stephen was nurtured by John and after leaving OTC Stephen set up a Funds Research House in 1993. Stephen was “voted by the industry as one of the most influential people in financial services at that time”. Obviously John’s skills and knowledge rubbed off on him.