APRA announces 2010 scholarship recipients

The Australian Prudential Regulation Authority (APRA) today announced the recipients of the 2010 Brian Gray Scholarship to study topics in the financial sector.

The two recipients of the 2010 scholarship are:

• David Rowell — PhD candidate, Australian Centre for Economic Research on Health, The University of Queensland; and
• Tahlia Parrish — Honours candidate, Bachelor of Commerce (Finance) and Bachelor of Laws and Legal Practice, Flinders University.

Under this Scholarship program, the recipients devote a substantial amount of time to an agreed research topic and present their findings to APRA upon completion of their research. The scholarship winners will be researching the following topics:

• Moral hazard and adverse selection in the market for automobile insurance — David Rowell; and
• Drivers of the selection of superannuation funds — Tahlia Parrish.

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 the financial area in his role at the RBA and later at APRA. The scholarships are valued at $12,500 each.

The Scholarship program is open to Australian and New Zealand citizens and permanent residents who are currently studying a topic of relevance to prudential regulation. While the program focuses on honours year students, postgraduate students can also apply.

More information on the Brian Gray Scholarship is available on APRA's website.