Reserve Bank of Australia

Position Title/Short Description

Full Text of JOE Listing:

The Reserve Bank of Australia (RBA) is seeking PhD Economists for a research and modelling positions in Sydney, Australia starting in 2026.

The Opportunity

As a Researcher you will conduct and publish self-directed policy-oriented research (https://www.rba.gov.au/publications/rdp/about.html), develop the Bank’s modelling suite and provide advice on policy issues alongside our researchers as you build your research profile and career in one of the world’s leading central banks.

The positions feature significant autonomy in identifying and conducting policy-relevant research related to the RBA's objectives and research agenda (https://www.rba.gov.au/research/priorities/). As such, it offers the opportunity to make a real impact on monetary policy and the welfare of the Australian people, while also providing a stimulating environment to undertake research using cutting-edge data and techniques. This includes the potential to work with world-leading administrative micro-datasets on workers and businesses, build and develop core open-economy policy models, and engage with the academic and policy community.

About You

We’re seeking applicants who hold a PhD in Economics or are due to complete their PhD by mid 2026. Candidates with a few years of relevant experience are also encouraged to apply. Specialisations of interest include monetary policy and policy implementation, macroeconomic modelling (e.g. DSGE and HANK) – particularly small-open economy modelling – international economics and finance, macro-financial and macroprudential modelling, labour markets, and the use of microdata or data science skills to answer macroeconomic questions.

Policy-focused research and previous work experience in policy institutions are desirable. Candidates must demonstrate strong technical, analytical, and written and oral communication skills.

Applicants will be offered a fixed-term contract at a salary commensurate with their experience. Visa sponsorship will be provided.

For enquiries, please contact research@rba.gov.au

Why RBA?

The RBA makes contributes to the welfare of the Australian people thorough its policy mandates and associated activities in financial markets and banking, operation of payment system infrastructure, and issuing banknotes. Our people, values, and culture play a critical role in achieving our objectives. For more information about careers at the RBA, see https://www.rba.gov.au/careers/careers-at-the-rba/economic-and-finance.html

The RBA is committed to equity, diversity and inclusion through key initiatives. We welcome and encourage applicants from diverse backgrounds to apply, including Aboriginal and Torres Strait Islander peoples, culturally and linguistically diverse background, those living with a disability and from the LGBTQ+ community. We are committed to making the recruitment process fair and equitable for all our candidates.