The Australian Prudential Regulation Authority (APRA) has announced this year’s Brian Gray Scholarship winners, who will each receive $12,500 to study financial sector topics.

The winners and their topics are:

• Yen Bui, PhD candidate, Finance, Flinders University – “Developing a metric for assessing the efficiency of Australian superannuation funds”;
• Chung-Yu Liu, honours candidate, Bachelor of Commerce (Actuarial Studies), University of New South Wales – “Empirical estimation of claim-count models for general insurance”;
• Ganesh Natraj, honours candidate, Bachelor of Economics and Bachelor of Engineering, University of Western Australia – “Applying optimal control methods to monetary policy: formulating a rule for optimising output and inflation”.

Where possible, recipients have access to APRA expertise and data. They will present their findings to APRA on completion.

APRA and the Reserve Bank established the program in memory of APRA’s former EGM, Policy Research and Consulting Brian Gray, who died in 2001.

It is open to Australian and New Zealand citizens and permanent residents undertaking honours or postgraduate study.