Financial Risk Day

Financial Risk Day 2023

Energy Transition: Risks and Opportunities

• Date/Time: Friday 20 October 2023, 9am - 6pm 
• Venue: Macquarie University City Campus, Level 24 Angel Place, 123 Pitt Street, Sydney
• Financial Risk Day Program 2023
• Registration link

The Centre for Risk Analytics in the Macquarie Business School will host its 12th annual Financial Risk Day on 20 October 2023 to discuss impacts of energy transitions on the economy, as well as on the energy sector and financial industry. The conference will be co-hosted by Macquarie University’s Transforming Energy Markets Research Centre.

The de-carbonisation of the economy involves significant changes to the current structure of energy markets, the creation and design of new markets for carbon credit units, and the integration of new energy sources, such as hydrogen, into these markets. This has significant implications for the energy industry, but also the financial sector and entire economy. While the energy transition poses significant risks to incumbents, it also provides many opportunities for investment into new technologies, as well as the creation of new financial products and markets.

The 2023 Financial Risk Day will examine risks, opportunities and solutions for the transition of energy markets and the de-carbonisation of the economy. Experts from industry, regulation and academia will discuss existing and new ideas on how to facilitate a smooth transition, the impacts of the transition on energy markets, financial institutions, and the economy as a whole.

Conference organisers

• Professor Tina Soliman Hunter (Macquarie Law School)
• Professor Jeffrey Sheen (Co-Director of the Centre for Risk Analytics)
• Professor Pavel Shevchenko (Co-Director of the Centre for Risk Analytics)
• Dr Madeline Taylor (Macquarie Law School)
• Professor Stefan Trück (Co-Director of the Centre for Risk Analytics)

The conference will feature

• Panel discussion
• Macquarie University energy transition project showcase session
• Strong line-up of outstanding speakers

Confirmed speakers include

• Tim Jordan, Commissioner, Australian Energy Market Commission (AEMC)
• Cameron Kelly, General Counsel, Australian Renewable Energy Agency
• Cameron O’Reilly, Associate Director, Marsden Jacob Associates
• Blair Palese, Director of Philanthropy, Ethinvest ; Managing Editor, Climate and Capital Media
• Christiaan Zuur, Director of Market, Grid and Investment, Clean Energy Council
• Tina Soliman Hunter, Director, Centre for Energy and Natural Resources Innovation and Transformation (CENRIT), Co-Director of Transforming Energy Markets Research Centre, Macquarie University
• Madeline Taylor, Co-Director of the Transforming Energy Markets Research Centre, Deputy Director, Centre for Energy and Natural Resources Innovation and Transformation, Macquarie University
• Professor Stefan Trück, Director, Transforming Energy Markets Research Centre, Macquarie University

Short bios of speakers

Tim Jordon

Commissioner, Australian Energy Market Commission (AEMC)

"Getting the market settings right for a high-renewables electricity market: managing price and reliability risk"

Tim Jordan is an economist with more than 15 years’ experience across corporate strategy, investment and public policy for the energy transition. In strategy consulting, Tim advised governments and major organisations in Australia and around the world on energy transition strategies. He led investment research and strategy at the Clean Energy Finance Corporation, Australia's green investment bank, laying the groundwork for its expansion into new energy technologies and asset classes. At Deutsche Bank he advised institutional investors on climate-related risks and opportunities. In government, Tim was a senior adviser to Australia's first federal minister for climate change, where he worked on designing a national emissions trading scheme and expanding Australia's renewable energy target. Tim has a Bachelor of Arts (Hons) and a Bachelor of Laws from the University of Queensland. He also holds an MPhil from University College London, where he was a Commonwealth Scholar, and a Master of Economics from the University of Sydney.

Cameron Kelly

General Counsel, Australian Renewable Energy Agency

Cameron is currently the General Counsel at the Australian Renewable Energy Agency (ARENA) where he leads the agency's legal, governance and secretariat functions. Prior to ARENA, Cameron worked for a major Middle East - based renewables project sponsor, where he advised on over a gigawatt of project financed renewable energy and storage projects across Jordan, Egypt, Turkey and Morocco. Cameron completed his PhD at the University of Eastern Finland's Centre for European and Climate Change Law, and is currently involved in developing ARENA's guidelines to initiate the Federal Government's Hydrogen Headstart program.

Cameron O’ Reilly

Associate Director, Marsden Jacob Associates

Cameron O’ Reilly is Associate Director with Marsden Jacob Associates (Marsden Jacob), covering energy and renewables, environment and climate change, and public policy for the consulting firm. Cameron is an energy and public policy specialist who has held a number of roles in Australian energy markets over the last fifteen years. He joined Marsden Jacob in 2021 after holding senior energy policy roles with the NSW Department of Planning, Industry & Environment (DPIE).  Most recently Cameron led the Marsden Jacob team that undertook the NSW Electricity Supply and Reliability Check Up for the government of New South Wales (NSW). The Check Up which was publicly released in September 2023 made 54 recommendations to the state government, of which 47 were either accepted in part or full.

Blair Palese

Director of Philanthropy, Ethinvest;  Managing Editor, Climate and Capital Media

Blair is the founder of the Climate and Capital Forum, a group of investors, philanthropists and finance experts advocating for Australia to lead in the global effort to decarbonise. She is also Director of Philanthropy at Ethinvest, Australia’s oldest impact investment advisor and managing editor at Climate & Capital Media, focused on the trends and investment opportunities of the emerging climate economy. She has worked in the climate and environment space in Australia, the US and internationally for 35 years. In 2009, Blair founded 350.org Australia and was CEO for 10 years. She was Communications Director for Greenpeace International and head of PR for The Body Shop, both in the UK. Blair has consulted to Google X’s climate moon-shot team, C40 Cities for Climate Action, the Australian Museum’s Climate Solutions Centre, Antarctic Ocean Alliance, Green Building Council of Australia and a range of NGOs, businesses and government programs.

Christiaan Zuur

Director of Market, Grid and Investment, Clean Energy Council

Christiaan Zuur is the Director of Market, Grid and Investment at the Clean Energy Council, where he leads the CEC’s advocacy and advisory work related to market design, economic regulation and system operation. Prior to joining the CEC in 2021, he worked for 15 years at the Australian Energy Market Commission covering all areas of the energy supply chain, with a particular focus on the technical and commercial integration of renewables into the NEM. With a background in communications and economics, he enjoys avoiding catching colds from his two young children and engaging in semi-polite argumentation with fossil fuel lobbyists on Linked In.

Tina Soliman Hunter

Director, Centre for Energy and Natural Resources Innovation and Transformation (CENRIT), Co-Director of Transforming Energy Markets Research Centre, Macquarie University

Tina Soliman Hunter is a Professor of Energy and Resources Law at Macquarie University, and the Director of the Centre for Energy and Natural Resrouces Innovation and Transformation (CENRIT) at Macquarie University.  She teaches and researches in the area of petroleum law (offshore), Arctic resources law, energy law, and fluvial sediments in Siberia. She has received academic qualifications in marine sediments and geology, political science, applied science, and law, completing her PhD at the University of Bergen in Norway. Much of her research is multidisciplinary in nature, and includes working with engineers, geologists and political scientists.  She is a former Director of the Aberdeen University Centre for Energy Law (AUCEL).

Madeline Taylor

Co-Director of the Transforming Energy Markets Research Centre, Deputy Director, Centre for Energy and Natural Resources Innovation and Transformation, Macquarie University

Dr Madeline Taylor is Co-Director of the Transforming Energy Markets Research Centre, Deputy Director of the Centre for Energy and Natural Resources Innovation and Transformation (CENRIT), and Director of Research Training at Macquarie Law School. Madeline specialises in issues at the intersection of socio-legal aspects of energy and natural resources. Her research advances the novel examination of transitioning energy regulation and energy policy from comparative and socio-legal perspectives, including the governance of energy and the division of rights and benefits between the state, energy developers, landholders, and communities. Her current research focuses on establishing regulatory frameworks concerning new energy markets, energy development, and spatial planning particularly concerning large-scale solar energy regulation, agrivoltaics, offshore wind, and hydrogen.

Stefan Trück

Director, Transforming Energy Markets Research Centre, ARC Future Fellow, Professor of Business Analytics, Macquarie University

Stefan Trück is a Professor of Business Analytics and Director of the Transforming Energy Markets Research Centre at Macquarie University. Previously, he has held positions at Queensland University of Technology and Karlsruhe Institute of Technology in Germany where he received a PhD in Business Engineering. Stefan’s research interests focus on risk management, financial econometrics and business analytics. His is a world leading expert in the area of electricity markets and energy finance, while his research also comprises the areas of and commodity markets, credit risk, systemic risk, emissions trading, climate change economics and international financial markets. He has published in many high impact journals. He has also worked in various consulting projects in the area of energy and financial risk for organisations such as Deutsche Bank, Deutsche Bundesbank, Australian Energy Market Commission, Saudi Electricity and Co-Generation Regulatory Authority, Maybank, CRC Limited, just to name a few. He also has received various research grants, including two Discovery Grants from the Australian Research Council (ARC) plus an ARC Future Fellowship, one of the most prestigious awards for mid-career researchers in Australia.

Financial Risk Day 2022

Cyber security: financial risks and solutions

• Date/Time: Friday 21 October 2022, 9am - 6pm 

(Due to the scheduling of the National Day of Mourning for Queen Elizabeth II on September 22 and the Macquarie University Wellbeing Day on September 23, unfortunately, we had to change the conference date 23 September to 21 October)

• Venue: Macquarie University City Campus, Level 24 Angel Place, 123 Pitt Street, Sydney
• Financial Risk Day Program 2022

Registrations are now closed

The Centre for Risk Analytics in the Macquarie Business School will host its 11^th annual Financial Risk Day on the 23^rd of September 2022 to discuss cyber security threats and solutions for the financial industry.

In recent decades, processes in the financial system have become increasingly more digitalized, relying critically on the confidentiality and integrity of data and systems, and resilient communications technology infrastructure.  Financial institutions, market participants, and regulators are required to carefully consider risks of disruptions through cyber incidents. In recent decades, such incidents have become more frequent and increasingly costly and damaging.

The 2022 Financial Risk Day will examine recent developments in the financial sector with regards to cyber-related risks. Experts from industry, regulation and academia will discuss how to appropriately identify, measure and manage cyber threats and how to develop solutions to enhance cyber security in the financial industry.

Conference organisers: Professor Jeffrey Sheen, Professor Pavel Shevchenko and Professor Stefan Trück

Professor Leonie Tickle, Deputy Dean Research and Innovation of Macquarie Business School, will present a welcome address at the opening of the Financial Risk Day conference.

The conference will feature

• Panel discussion moderated by Professor David Orsmond with panel discussants:  Richard Johnson (Westpac), Alberto Piccenna (AON), John Singh (APRA)
• Macquarie University cybersecurity project showcase session: Zhuo Jin, Pavel Shevchenko, Stefan Trück
• Strong line-up of outstanding speakers

Confirmed speakers include:

Rachel Howitt

Senior Executive Leader, Corporations, Australian Securities and Investments Commission (ASIC)

"Cyber resilience in Australian Financial Markets and Services"

Rachel co-leads the Corporations team at ASIC which is responsible for the regulation of corporations, including mergers and acquisitions, fundraisings and corporate governance. Her team also co-ordinates ASIC’s supervisory cyber and operational resilience activities. Before joining ASIC, Rachel previously held roles at PricewaterhouseCoopers Legal and Deloitte in Sydney and London. Rachel has more than 20 years of experience in corporate law and regulation and holds a Bachelor of Laws and Bachelor of Economics from Macquarie University.

Richard Johnson

Group Chief Information Security Officer, Westpac

"A co-ordinated defence to a common enemy: collaboration as the cornerstone of cybersecurity"

Richard has 20 years’ experience at the Westpac Group. Prior to his appointment as Group Chief Information Security Officer, Richard was the Head of Technical Security Services for the Group. In these roles, he has led the Group’s information security strategy, delivery and governance. Prior to joining the Westpac Group, Richard held roles as Head of Technology Audit at Woolworths Limited, Technology Audit Manager at BT Financial Group, and in Computer Risk Management at Arthur Andersen. In addition to his academic credentials, Richard has a number of professional security qualifications including CISA, CISM, CISSP, CRISC, SCF, and ACP.

Prof Dali Kaafar

Professor and Executive Director of Macquarie University Cyber Security Hub

"Privacy preservation in Data sharing and AI applications"

Prof Dali Kaafar is a Full Professor at the Faculty of Science and Engineering at Macquarie University and the Executive Director of Macquarie University Cyber Security Hub. He is also the founder of the Information Security and Privacy group at CSIRO Data61. Prior to that, Dali was the research leader of the Data Privacy and Mobile systems groups at NICTA and Senior principal researcher at INRIA, the French research institution of computer science and automation. He received his PhD from the University of Nice Sophia Antipolis and INRIA in France where he pioneered research in the security of Internet Coordinate Systems.

Quinton Kotze

Cyber & Technology Product Manager, A&NZ, Chubb Insurance Australia Limited

"The evolving cyber threat landscape - why insurers are driving for change"

Quinton is responsible for Chubb’s Cyber and Technology insurance underwriting strategy, portfolio management, and product and services development across Australia and New Zealand. Quinton has 20 years of insurance industry experience, having started his career in London working for both insurers and Lloyds markets. He has held various underwriting, broking and management roles in the UK, New Zealand and South Africa.

Alberto Piccenna

Client Director, Cyber Practice AON

"Cyber Risk – Understanding, Quantifying, Assessing and Treating a Rapidly Evolving Asset Class"

Alberto is Aon’s Client Director in Cyber  Solutions Group. He has 20 years’ of experience as insurance and reinsurance broker as well as underwriter. Alberto started his career in Europe, moved to the UK in 2005 and to Australia in 2010.  Alberto has a strong understanding of all financial lines of insurance products and focused on Cyber since 2016 when he obtained his underwriting authority to write cyber insurance.  Alberto holds a Bachelors degree in Economics, with majors in Insurance and Risk Management and a Diploma of Financial Services (NIBA). Alberto is also a board member of a NFPO.

John Singh

Head of Operational Resilience -Transformation, Australian Prudential Regulation Authority (APRA)

"Cyber security and operational resilience in Australian financial services"

John is a technology risk and governance leader with over 23 years’ experience with deep technical background. As Head of Operational Resilience - Transformation, John leads a specialist team which is responsible for executing regulatory initiatives to improve the cyber resilience across the financial system. The team also assesses the management of Technology Resilience (including cyber security and technology risk) by APRA regulated entities and provides input to APRA's prudential standards and guidance. John holds a Masters degree in Computer Applications and is a Certified Information Systems Auditor (CISA).

Zhuo Jin

Professor of Actuarial Science, Macquarie Business School

"Cyber Insurance Pricing"

Dr Zhuo Jin is a professor of actuarial science in the Department of Actuarial Studies and Business Analytics at Macquarie Business School. He is an Associate in the Society of Actuaries (ASA). His research interests include optimal control in actuarial science, mathematical finance, numerical methods in stochastic systems, and machine learning. His research has been funded by Hong Kong RGC and other funding bodies. He has published more than 70 papers in international journals and book chapters, including top-tier journals Insurance Mathematics and Economics, European Journal of Operational Research, Journal of Risk and Insurance, SIAM Journal on Control and Optimization, Automatica, ASTIN: Bulletin and Scandinavian Actuarial Journal.

Stefan Trück

Professor of Business Analytics and Co-Director of the Centre for Risk Analytics at Macquarie Business School

"SIMProtect - Why protecting your mobile number is so important"

Stefan Trück is a Professor of Business Analytics and Co-Director of the Centre for Risk Analytics at Macquarie Business School. He is also the recipient of a prestigious ARC Future Fellowship that is provided by the Australian Government to support outstanding mid-career researchers. Previously, he has held positions at Queensland University of Technology and Karlsruhe Institute of Technology in Germany, where he received a PhD in Business Engineering. Stefan’s research interests focus on risk management, financial econometrics and business analytics, including the fields of energy and commodity markets, credit risk, systemic risk, emissions trading, climate change economics and international financial markets. He has published in several high impact journals including the European Journal of Operational Research, Global Environmental Change, Journal of Banking and Finance, Energy Economics, Journal of International Money and Finance, and the Journal of Portfolio Management. He also has received various research grants, including several Discovery Grants from the Australian Research Council and major grants from the National Climate Change Adaptation Research Facility (NCCARF).

Pavel Shevchenko

Professor of Actuarial Studies and Business Analytics, Co-Director of the Centre for Risk Analytics at Macquarie Business School

"Cyber Risk Frequency, Severity and Insurance Viability"

Pavel Shevchenko is a Professor in the Department of Actuarial Studies and Business Analytics and Co-Director of the Centre for Risk Analytics at Macquarie Business School. Prior to joining Macquarie University in August 2016, he worked at CSIRO Australia (1999-2016) holding the position of a Senior Principal Research Scientist (2012-2016). Since 1999, Prof Shevchenko has worked in the area of risk analytics, leading research and industry commercial projects on: modelling of operational and credit risks; longevity and mortality, retirement products; option pricing; insurance; modelling commodities and foreign exchange; and the development of relevant numerical methods and software.  Prof Shevchenko has published extensively in academic journals, consulted for major financial institutions, and is a frequent presenter at industry and academic conferences. His publication records include one research monograph, two co-authored research monographs, over 70 journal papers, and over 80 technical reports.

Financial Risk Day 2021

Theme: Climate change: financial risks and opportunities

• Date/Time: Friday 30 April 2021, 9am - 6pm
• Venue: Macquarie University City Campus, Level 24 Angel Place, 123 Pitt Street, Sydney
• Financial Risk Day Program 2021

The Centre for Risk Analytics in the Macquarie Business School will host its 10th annual conference on the 30th of April 2021 to discuss climate change financial risks and opportunities.

Policymakers and investors increasingly recognize the important implications of climatic change for the financial industry. It can be expected that climate change will lead to not only additional financial risks for the sector but also to many-fold investment opportunities. Industry and government are required to carefully consider their climate change risk management, and to develop a range of options and policies, as well as an effective regulatory framework.

The 2021 Financial Risk Day will examine recent developments in the financial sector with regards to managing climate change risks. It will consider both specific and broad approaches for government, financial institutions and product providers to develop solutions that meet the needs of winners and losers in the transition to a lower carbon economy. Experts from industry, regulation and academia will discuss how to develop sustainable solutions and sources of funding in the private sector to ensure climate-resilient investments.

Conference organisers: Professor Jeffrey Sheen, Professor Pavel Shevchenko and Professor Stefan Trück

Pro Vice-Chancellor of Macquarie University, Professor Amanda Barnier, will present a welcome address at the opening of the Financial Risk Day conference.

Panel discussion (11:45am-12:30pm) will be moderated by Professor David Orsmond with panel discussants:  Brad Archer, Claire LaBouchardiere, Rade Musulin, Martina Linnenluecke.

Confirmed speakers include:

Stefan Trück

Professor of Business Analytics and Co-Director of the Centre for Risk Analytics at Macquarie Business School

"Voluntary carbon disclosures - walking the walk or just talking the talk?"

Presentation slides

Stefan Trück is a Professor of Business Analytics and Co-Director of the Centre for Risk Analytics at Macquarie Business School. He is also the recipient of a prestigious ARC Future Fellowship that is provided by the Australian Government to support outstanding mid-career researchers. Previously, he has held positions at Queensland University of Technology and Karlsruhe Institute of Technology in Germany, where he received a PhD in Business Engineering. Stefan’s research interests focus on risk management, financial econometrics and business analytics, including the fields of energy and commodity markets, credit risk, systemic risk, emissions trading, climate change economics and international financial markets. He has published in several high impact journals including the European Journal of Operational Research, Global Environmental Change, Journal of Banking and Finance, Energy Economics, Journal of International Money and Finance, and the Journal of Portfolio Management. He also has received various research grants, including several Discovery Grants from the Australian Research Council and major grants from the National Climate Change Adaptation Research Facility (NCCARF).

Financial Risk Day 2019

• Date/Time: Friday, 29 March 2019, 9am-6pm
• Venue: Macquarie University City Campus, Level 24 Angel Place, 123 Pitt Street, Sydney
• Financial Risk Day Program 2019

Theme: Ageing population: risks and financial solutions

Funding retirement for an ageing population is a growing challenge. It will require industry and government to carefully consider a range of options, including novel and sophisticated approaches to funding through annuities and other financial instruments. The 2019 Financial Risk Day will consider both the specific and broad approaches for government, aged care organisations, financial institutions and product providers to develop solutions that meet the needs of individuals as well as the broader retirement community. Experts from industry, regulation and academia will discuss how to ensure standards of living can be preserved or enhanced as the population ages.

Conference organisers: Professor Jeffrey Sheen, Professor Pavel Shevchenko and Professor Stefan Trück

Vice-Chancellor of Macquarie University, Professor S Bruce Dowton, will present a welcome address at the opening of the Financial Risk Day conference.

Confirmed speakers include:

Financial Risk Day 2018

Overview

• Date/Time: 16 March 2018, 9am - 6pm
• Venue: Swissotel Sydney, 68 Market Street, Sydney, Australia

The Centre for Financial Risk in the Faculty of Business and Economics hosted its eighth annual conference in March 2018. This one-day conference brought together experts from industry, academia and regulatory bodies and discussed the impact of a low interest rate environment on investment and risk in banking, insurance and superannuation areas.

Theme:

Investment and Risk in a Low Interest Rate Environment

Conference organisers: Professor Jeffrey Sheen, Professor Pavel Shevchenko and Professor Stefan Trück

Speakers and presentation titles:

• Guy Debelle, Deputy Governor, Reserve Bank of Australia (RBA); "Risk and return in a low rate environment". Please click here to view RBA speech.
• John Pearce, Chief Investment Officer, UniSuper; "A practical look at risk and return in the current environment".  Presentation slides cannot be provided.
• Antje Bernt, Head of Finance, Research School of Finance, Actuarial Studies & Statistics, Australian National University; "Dealer Inventory, short interest and price efficiency in the corporate bond market". Presentation slides cannot be provided.
• Simon Elimelakh, Head of Investment Risk and Portfolio Analysis, NAB Asset Management; "Style Matters". Please click here to view presentation.
• Alastair Sloan, Former Head of Asset Allocation at Sunsuper; "Trading markets in the low interest rate environment". Presentation slides cannot be provided.
• Stephen Kirchner, Program Director, Trade and Investment, United States Studies Centre, University of Sydney; "Interest rates, monetary policy and financial stability". Please click her to view presentation.
• Nigel Wilken-Smith, Director, Portfolio Strategy, Future Fund; "Portfolio construction in a low rate environment". Presentation slides cannot be provided.

Please click here to view the Program

Financial Risk Day 2017

Overview

The Centre for Financial Risk in the Faculty of Business and Economics hosted Macquarie University’s seventh annual Financial Risk Day on 17 March 2017 at the Sydney Swissotel.

Risk Day is the main event held each year by Macquarie University's Centre for Financial Risk to showcase work being done by researchers in this multi-disciplinary centre while enhancing links with industry and regulatory practitioners. Risk Day is a platform to exchange ideas on emerging research and regulatory issues on important risk-related topics.

Topics

This year’s theme  -  Impact of Technological Innovation on Financial Risk – brought together experts on Blockchain, Cryptocurrencies, Data Analytics and the wave of FinTech to examine the impact of these developments on the finance and insurance sector, economic and social exposure, and potential gains.

This year was the first time the Centre partnered with the Optus Macquarie University Cyber Security Hub to profile cyber security as a cross-cutting theme. This provided opportunities to discuss how industry, government and universities are collaborating to develop resilience of cyber security for business and society.

Sessions themes included:

• Risk management issues related to Fintech and digital currencies
• Innovations and risk modelling in cyber security
• Impacts of the blockchain on financial markets and institutions
• Digital banking services
• Risk fundamentals for successful peer-to-peer lending

Financial Risk Day 2017 brought together representatives of industry, academia and regulatory bodies including:

• David Yermack, cryptocurrency expert -  New York University
• Piet De Jong, Professor of Actuarial Studies - Macquarie University
• Fergus Brooks, National Practice Leader, Cyber Risk – AON
• Simon Schwartz, Executive Director - Adexum Capital Peer-to-Peer Lending
• Mike Aitken, CEO, Professor and Chief Scientist - Capital Markets CRC
• Pete Steel, Executive General Manager, Digital - Commonwealth Bank of Australia

Please see attached Program: 2017 Program

Financial Risk Day 2016

The 6th annual Financial Risk Day Conference was held on Friday 18 March. The theme, Banking, Investment and Property Risk: Booms, Bubbles & Busts, led to robust discussion arising from the dynamic presentations.

Luci Ellis, Head of Financial Stability Department, Reserve Bank of Australia

Financial Risk Day 2016 brought together representatives of industry, academia and regulatory bodies for our balanced program.

These included:

• Luci Ellis, Head of Financial Stability Department, Reserve Bank of Australia
• Christopher Joye, Director, Smarter Money Investment, Contributing Editor, The Australian Financial Review
• Michael McCarthy, Chief Market Strategist, CMC Capital Markets (Australia)
• Heidi Richards, General Manager, Industry Analysis, Australian Prudential Regulation Authority
• Shuping Shi, Senior Lecturer, Department of Economics, Macquarie University
• Jeffrey Sheen, Professor of Economics, Macquarie University
• Stefan Trueck, Professor of Finance, Macquarie University

Risk Day was held on Friday 18 March at the Ballroom of the Sydney Swissotel.

At a time where financial markets are nerviously waiting for signals to determine their direction, this year’s expert speakers addressed:

• circumstances connected with irrational exuberance in domestic housing and other financial markets
• factors contributing to changes in market behaviour and investment risk
• volatility in global financial markets
• new tools to analyse changes in economic indicators

Speakers explored the implications of financial market swings and periods of sustained growth and decline – and what they mean for all levels of society as well as those directly involved with financial markets.

Risk day brings together a diverse audience of academics, industry practitioners, regulators, the media and those involved with investment, banking and finance, and risk management in financial markets.

Speakers included Centre for Financial Risk directors Professor Jeffrey Sheen and Professor Stefan Trueck, who have completed important research on detecting changes in financial markets.

Risk Day attracts a broad audience. The event is a platform to exchange ideas on emerging research and regulatory issues on important risk-related topics.

Risk Day is the main event held each year by Macquarie University's Centre for Financial Risk to showcase the work being done by researchers in this multi-disciplinary centre while enhancing links with industry and regulatory practitioners.

The theme, Banking, Investment and Property Risk: Booms, Bubbles & Busts, is consistent with the strategic initiative investigating the “Prosperous Economies” research.

Heidi Richards' presentation can be found at:
https://www.apra.gov.au/media-centre/speeches/prudential-approach-mortgage-lending

Luci Ellis's presentation:
http://www.rba.gov.au/speeches/2016/sp-so-2016-03-18.html

Christopher Joye's presentation:
joye_christopher_Risk Day.pptx

Michael McCarthy's presentation:
mccarthy_michael_ Blow Bubbles.ppt

Jeffrey Sheen's presentation:
sheen_jeff_Riskday.pdf

Shuping Shi's presentation:
shi_shuping_FinancialRiskDay_Shi.pptx

Stefan Trueck's presentation:
Presentation_trueck_160318.pdf

Financial Risk Day in the media

Blowing housing bubbles - Michael McCarthy in Switzer

Please see attached program: 2016 Program

Financial Risk Day 2015

The 5th annual Financial Risk Day Conference was held on 13 March 2015 at the Sydney Swissotel. Risk Culture, Governance and Financial Literacy were the key themes explored at the fifth annual Macquarie University Risk Day conference.

For more information please see the conference website Financial Risk Day 2015

Financial Risk Day 2014

The Centre for Financial Risk in the Faculty of Business and Economics presented the fourth Macquarie Financial Risk Day on Friday 14 March 2014.

Financial Risk Day was a multi-strand conference examining:

• superannuation and investment risk,
• including asset classes,
• fund compositions,
• business conditions and systemic risks.

The conference provided perspectives from academics, regulators, retail and industry super funds, and asset class managers.

For more information please see the conference website Financial Risk Day 2014

Financial Risk Day 2013

The Centre for Financial Risk in the Faculty of Business and Economics presented the third Macquarie Financial Risk Day - Financial Stability, Sovereign and Systemic Risk, on Friday 22 March 2013, with keynote speaker and leading risk expert Professor Edward Altman from the Stern School of Business, New York University.

For more information please see the conference website Financial Risk Day 2013

Financial Risk Day 2012

The Centre for Financial Risk in the Faculty of Business and Economics presented its Macquarie Financial Risk Day on Friday 30th March 2012. The conference provided a platform for communication between academic researchers, financial risk managers, regulators, insurance professionals, actuaries, and market practitioners. The aim was to exchange ideas and research on the management of financial risk. The focus was on the interplay between the theory and practice of financial risk management, the exchange of information on contemporary financial risk topics, and prioritisation of research in the area.

For more information please see the conference website Financial Risk Day 2012

Financial Risk Day 2010

Theme: Evaluation, Regulation, Research & Education

• Date: Friday, 13 December 2010
• Venue: Amora Hotel Jamison, Sydney
• Financial Risk Day Program 2010