Tuesday, 4 February, 2020 - 11:58
RBA holds cash rate at record low 0.75%
The Reserve Bank of Australia has held the cash rate at a record low 0.75 per cent, as widely expected by economists.
Simon Montgomery has worked in the financial services industry since 2001.
Prior to joining Pitcher Partners as strategic wealth advisor in August 2019, he was a senior investment advisor at Entrust Wealth Management from 2014 to 2019. He also spent 13 years at Macquarie Bank and was promoted to an associate director where he spent 3 years in the management of its private client advisory division in Perth.
Mr Montgomery is also active in providing advice and investment management for not-for-profit organisations.
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The Reserve Bank of Australia has held the cash rate at a record low 0.75 per cent, as widely expected by economists.
The Reserve Bank of Australia has cut the cash rate to a new record low of 0.5 per cent as it acts to soften the economic impact of the coronavirus, with Australia's "big four" banks each announcing they would pass on the rate cut in full.
Investment policies must align with a not-for-profit’s mission, rather than reflect the loudest voice in the room, writes Pitcher Partners’ Simon Montgomery.
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Simon Montgomery is linked to 6 organisations which are included in 2 lists - Insolvency Practitioners and Accountants.
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