Neroli Austin

Doctoral Candidate

  • neroli.austin.dphil2016@said.oxford.edu

Saïd Business School
University of Oxford
Park End Street


Neroli is completing her DPhil in Financial Economics under the supervision of Ludovic Phalippou and Alan Morrison.

Neroli works on topics related to law and finance with a specialisation in private markets and real estate. Her current work considers the rise of covenant-lite lending, the role of institutional investors in the single family housing market, and whether the opacity of private funds enable them to act anti-competitively. She co-authored a chapter of Private Equity Laid Bare that examines the impact of private equity investment on firms. Her studies are jointly funded by scholarships provided by Saïd Business School and Green Templeton College.

Neroli is the Head Tutor of the Oxford Private Markets Investments Programme and the Head Tutor of the Oxford Future of Real Estate Programme. She has previously worked as a Teaching Assistant on the combined MA/MSc Financial Economics/MSc Law and Finance Big Data course and the MBA Fintech course for Saïd Business School. She is passionate about teaching and enjoys the opportunity to integrate leading research studies in business and policy discussions in her classes.

Neroli holds a Bachelor of Economics and a Bachelor of Laws with First Class Honours from the University of Sydney. She also has a Bachelor of Science with First Class Honours in Economics and Statistics and a Master of Commerce from the University of Canterbury. These studies were funded by scholarships from the University of Sydney, the University of Canterbury and the Reserve Bank of New Zealand. During this time, Neroli worked as a tutor in law and economics/econometrics.

Prior to commencing at Oxford, Neroli worked for over three years at the Reserve Bank of New Zealand. While at the Reserve Bank, Neroli worked for two years in the Prudential Supervision department where she worked on projects relating to bank capital, corporate governance, and market efficiency. Neroli also worked in the Modelling team of the Economics department where she assisted in maintaining the Reserve Bank’s core monetary policy model as well as a suite of statistical models. During this time, she regularly contributed policy papers to the Monetary Policy Committee and pursued her own research on the intersection of monetary and macroprudential policies. Her work has been published in the Reserve Bank Bulletin.