The Brian Gray Scholarship program will fund up to four scholarships annually, to the value of $15,000 each. The scholarship purpose is to support final year Honours and PhD students in finance, economics, actuarial science, econometrics, statistics or related disciplines, who intend to focus full time on their studies and research.
You can find past years' research reports for each year by downloading the pdf files below. You might find that topics may differ slightly from the final report titles.
2025 recipients
| Recipient | Topic | Course | University |
|---|
| Finnegan, Christopher |
| Honours candidate, Bachelor of Economics | University of Sydney |
| de Jager, Allegra |
| Honours Candidate, Bachelor of Advanced Studies (Economics) | University of Sydney |
| Janse van Rensburg, Arlene |
| Honours Candidate, Bachelor of Science (Actuarial Science) | Curtin University |
| Murugasu, Ajay |
| Honours Candidate, Bachelor of Economics and Bachelor of Laws | University of Sydney |
2024 recipients
| Recipient | Topic | Course | University |
|---|
| Nathaniel Deitch |
| Honours candidate, Bachelor of Economics and Bachelor of Advanced Studies | University of Sydney |
2023 recipients
| Recipient | Topic | Course | University |
|---|
| Cetin, Anna-Sophia |
| Honours candidate, Bachelor of Economics | University of Sydney |
| Creer, Rhys |
| Honours candidate, Bachelor of Economics | University of Sydney |
| Plunkett, Felix |
| Honours candidate, Bachelor of Commerce (Economics and Finance) | University of Melbourne |
| Robert, Annabel |
| PhD candidate, Economics | University of New South Wales |
2022 recipients
| Recipient | Topic | Course | University |
|---|
| Mendes, Sofia |
| Honours candidate, Bachelor of Advanced Studies | University of Sydney |
| Sharma, Avish |
| Honours candidate, Bachelor of Economics | University of Sydney |
2021 recipients
| Recipient | Topic | Course | University |
|---|
| Soedjito, Audrey |
| PhD candidate | Brandeis University |
| Wong, Jeffrey |
| PhD candidate | Deakin University |
2020 recipients
| Recipient | Topic | Course | University |
|---|
| Chan, June |
| PhD candidate | University of New South Wales |
| Knott, Alexander |
| Honours candidate, Bachelor of Commerce | University of Western Australia |
2019 recipients
| Recipient | Topic | Course | University |
|---|
| Zhou, Luke |
| Honours candidate, Bachelor of Actuarial Studies | University of New South Wales |
| He, Raymond |
| Honours candidate, Bachelor of Commerce | University of Melbourne |
2018 recipients
| Recipient | Topic | Course | University |
|---|
| Harvey, Mitchell |
| Honours candidate, Bachelor of Economics | Monash University |
| Krahe, Kevin |
| Honours candidate, Bachelor of Actuarial Studies & Bachelor of Economics | University of New South Wales |
2017 recipients
| Recipient | Topic | Course | University |
|---|
| Balnozan, Igor |
| Honours candidate, Bachelor of Actuarial Studies | University of New South Wales |
| Bui, Christina |
| PhD candidate, Doctor of Philosophy | University of Technology, Sydney |
| de Silva, Kiefer |
| Honours candidate, Bachelor of Commerce & Bachelor of Laws | Monash University |
| Morris, Matthew |
| Honours candidate, Bachelor of Business | University of Technology, Sydney |
2016 recipients
| Recipient | Topic | Course | University |
|---|
| Lalovic, Ognjen |
| Honours candidate, Bachelor of Commerce | University of Western Australia |
| Parotte, Nicole |
| Honours candidate, Bachelor of Science (Actuarial) | Curtin University of Technology |
| Perks, Christopher |
| PhD candidate, Economics | Australian National University |
| Wanzare, Nitya |
| Honours candidate, Bachelor of Mathematics and Finance (Honours in Finance) | University of Technology, Sydney |
2015 recipients
| Recipient | Topic | Course | University |
|---|
| Araujo, Gabriela |
| Honours candidate, Bachelor of Commerce (Finance) & Bachelor of Economics | University of Queensland |
| Peng, Natalie Xiaowen |
| PhD candidate, Accounting | University of Queensland |
| Xian, Alan Liang |
| Honours candidate, Bachelor of Commerce in Actuarial Studies & Bachelor of Science | University of New South Wales |
2014 recipients
| Recipient | Topic | Course | University |
|---|
| Brown, Alexandra |
| Honours candidate, Bachelor of Commerce (Finance) & Bachelor of Business | Flinders University |
| Diinis, Emmanuel |
| Honours candidate, Bachelor of Economics in Commerce & Bachelor of Laws | University of Western Sydney |
| Li, Ruizhu (Yolanda) |
| Honours candidate, Bachelor of Commerce | University of New South Wales |
2013 recipients
| Recipient | Topic | Course | University |
|---|
| Jutasompakorn, Pearpilai |
| PhD candidate, Finance | Monash University |
| Ljubic, Melissa |
| Honours candidate, Bachelor of Commerce in Economics | University of Wollongong |
| Nisbet, Elise |
| Honours candidate, Bachelor of Commerce (Finance) & Bachelor of Laws and Legal Practice | Flinders University |
| Qu, Jason Zhiwei |
| Honours candidate, Bachelor of Economics and Bachelor of Commerce (Economics) | University of New South Wales |
2012 recipients
| Recipient | Topic | Course | University |
|---|
| Bui, Yen |
| PhD candidate, Finance | Flinders University |
| Liu, Chung-Yu |
| Honours candidate, Bachelor of Commerce (Actuarial Studies) | University of New South Wales |
| Natraj, Ganesh Viswanath |
| Honours candidate, Bachelor of Economics & Bachelor of Engineering | University of Western Australia |
2011 recipients
| Recipient | Topic | Course | University |
|---|
| Preston, Nicholas |
| Honours candidate, Bachelor of Actuarial Studies & Bachelor of Science (Finance) | Australian National University |
2010 recipients
| Recipient | Topic | Course | University |
|---|
| Parrish, Tahlia |
| Honours candidate, Bachelor of Commerce (Finance) & Bachelor of Laws and Legal Practice | Flinders University |
| Rowell, David |
| PhD candidate, Economics | Australian Centre for Economic Research on Health, University of Queensland |
2009 recipients
These reports are accessible via the Australian Government web archive.
| Recipient | Topic | Course | University |
|---|
| Donald, M. Scott | What contribution does trust law make to the regulatory scheme shaping superannuation in Australia? | PhD candidate, Law | University of New South Wales |
| Ngai, Andrew | Static hedging effectiveness for longevity risk with longevity bonds and derivatives | - | - |
| Nichols, Luke | Multimodel inference for reserving | - | - |
| Weltewitz, Florian | A model of credit risk in interbank markets with interest rate spreads | Honours candidate, Bachelor of Economics | University of Queensland |
2008 recipients
These reports are accessible via the Australian Government web archive.
| Recipient | Topic | Course | University |
|---|
| Jones, Callum | Measuring West Australian house prices: Methods and implications | - | University of Western Australia |
| McDougall, Lyn | An analysis of superannuation fund default options | Honours candidate, Accountancy | Queensland University of Technology |
2007 recipients
These reports are accessible via the Australian Government web archive.
| Recipient | Topic | Course | University |
|---|
| Hallett, Aiden | The impact of electronic message board takeover rumours on the US equity market | - | - |
| Matic, Vinko | The impact of a pandemic on life insurance | Honours candidate, Actuarial Studies | Australian National University |
| Pollard, Mathew | Bayesian value-at-Risk and the Capital Charge Puzzle | Honours candidate | University of New South Wales |
| Simpson, Jaan | A discrete time renewal risk model with general interclaim times and its application to modelling insurance risk | Honours candidate, Actuarial Studies | - |
2006 recipients
These reports are accessible via the Australian Government web archive.
| Recipient | Topic | Course | University |
|---|
| Sorbello, Robert | Analysis of equity release products | Honours candidate, Actual Studies | Australian National University |
| Stuart, Robyn | Robust estimation of dynamic models with unmodelled errors: An instrumental variable approach | - | - |
2005 recipients
These reports are accessible via the Australian Government web archive.
| Recipient | Topic | Course | University |
|---|
| Antioch, Dan | Summary of risk calibration for currency options: Development and application of a calibration methodology for value-at-risk and the Greeks | Honours candidate | University of Melbourne |
| Boyd, Tristan | What determines early exercise of employee stock options? | Honours candidate | University of Western Australia |
| Clark, Joseph | Summary of comparison and evaluation of Australian superannuation funds: A consumer's perspective | - | University of Queensland |
| Tao, Emily | Summary of analysis of premium liabilities fo Australian lines of business | Honours candidate | University of Melbourne |
2004 recipients
These reports are accessible via the Australian Government web archive.
| Recipient | Topic | Course | University |
|---|
| Killmier, Sam | Summary of exploring unknown quantities: Development and application of a stochastic catastrophe model with output and sensitivities | Honours candidate | University of Melbourne |
| Ngo, Phong | International financial regulation, regulatory risk and the cost of bank capital: A summary | PhD candidate, Economics | Australian National University |
| O'Neill, Michael | Principal components modelling of mortality | Honours candidate, Finance and Applied Statistics | Australian National University |
| Reedman, Evan | An examination of the overreaction anomaly: Implications for the allocation of investment capital | - | Queensland University of Technology |
2003 recipients
The recipients for 2003 were:
- Dudek, Tomasz - Honours candidate, Actuarial Studies,
- Layton, Maximilian - Honours candidate, Economics,
- Lazarevic, Nina - Honours candidate, Econometrics, and
- Sutherland-Wong, Christian - Honours candidate, Actuarial Studies.