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APRA announces 2022 Brian Gray Scholarship recipients

Wednesday 17 August 2022

The Australian Prudential Regulation Authority (APRA) has announced the recipients of the 2022 Brian Gray Scholarship.

The Brian Gray Scholarship program was established by APRA and the Reserve Bank of Australia (RBA) in September 2002 in memory of Brian Gray, APRA's former Executive General Manager, Policy Research and Consulting, who spent more than two decades shaping regulatory policy in his roles at the RBA and APRA. 

The recipients of the 2022 scholarship are:

Ms Sofia Mendes - University of Sydney

Mr Avish Sharma - University of Sydney

Under the program, scholarship recipients will devote a substantial amount of time to an agreed research topic and present their findings to APRA and RBA staff upon completion of their research. Ms Mendes will produce a paper on the effect of monetary policy on wealth inequality in Australia, while Mr Sharma will research the impact of monetary policy on homeownership across the lifecycles.

The scholarship program funds up to four scholarships each year to the value of $15,000 each. The purpose of the scholarship is to support research students pursuing careers in finance, economics, actuarial science, econometrics, statistics or related disciplines. It is open to Australian and New Zealand citizens and permanent residents completing their honours year or postgraduate studies on topics of relevance to APRA and/or the RBA, broadly. Applications to the 2023 scholarship will open in December 2022.

More information on the Brian Gray Scholarship is available on the APRA website at: Brian Gray Scholarship program.

Media enquiries

Contact APRA Media Unit, on +61 2 9210 3636

All other enquiries

For more information contact APRA on 1300 558 849.

The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, credit unions, building societies, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding $8.6 trillion in assets for Australian depositors, policyholders and superannuation fund members.