BCom (Liberal Studies) (Hons); PhD Sydney
H69 - Codrington Building
The University of Sydney
NSW 2006 Australia
|Telephone||+61 2 9351 6455|
|Fax||+61 2 9351 6461|
Dr Danika Wright is a Lecturer in the Discipline of Finance at the University of Sydney Business School.
Dr Wright's expertise is in the design, investment and operations of real estate markets. Her research is published in internationally reviewed journals, has been presented at numerous global conferences and is the IP underlying the benchmark RP Data-Rismark House Price Index series. She is sought out for her knowledge on real estate prices and modelling, and is a member of the Sirca-RP Data joint research committee.
Her current research projects examine how real estate investment decisions are made and the impact of foreign investors on Australian property market dynamics, for which she was awarded funding from the Freda and Len Lansbury ECR Support Fund.
Prior to being appointed at the University of Sydney Business School Dr Wright held quantitative research positions in funds management firms, and continues to provide expert advice to a range of significant industry bodies including the Financial Services Council of Australia and the Reserve Bank of Australia.
Dr Wright is an active supporter of business student organizations and promotes opportunities for young women to study finance. She has mentored student teams to success in the UBS Investment Banking Challenge and in 2014 co-developed a specialized program to train a team of University of Sydney students to compete in the prestigious Cornell International Real Estate Case Competition, the first time any Australian institution has participated.
Dr Wright is an alumna of the University of Sydney, graduating with First Class Honours in 2007 and earning her PhD in 2010.
The front page of the AFR Weekend featured an article about the issue of housing affordability that quoted Dr Danika Wright on the irrelevancy of supply in addressing affordability.
Gladys Berejiklian won't touch negative gearing 24 Jan 2017
ABC News (24, Sydney) and Australian Financial Review
Dr Danika Wright was interviewed on ABC News (24, Sydney) and Australian Financial Review about the effectiveness of proposed economic reforms in making housing more affordable.
The Huffington Post
The Huffington Post quoted Dr Danika Wright about the complexity of a solution to the housing affordability issue following the Federal Treasurer’s call for state governments to release more land.
Attitudes to Debt 22 Oct 2016
ABC Radio National Saturday Extra
Radio National Saturday Extra interviewed Dr Danika Wright about the growing concerns for Australians in financial debt due to household expenses.
Dr Danika Wright wrote an article published in The Conversation about research that shows the lowest-income households face the highest mortgage stress.
Lepone G, Westerholm J and Wright D 2016 'Investor Characteristics and Macro-Economic Conditions' Impact on Disposition Effect and Stock Market Gambling', 6th Behavioral Finance and Capital Markets Conference, Adelaide, Australia, 30th September 2016
Wright D 2016 'Superstitious Behavior in Financial Decision Making', 6th Behavioral Finance and Capital Markets Conference, Adelaide, Australia, 30th September 2016
Wright D 2016 'Superstitious Behavior in Financial Decision Making', Annual Meeting of the Academy of Behavioral Finance and Economics, Las Vegas, United States, 23rd September 2016
Wright D 2016 'Superstitious Behavior in Financial Decision Making', 2nd Research in Behavioral Finance Conference, Amsterdam, Netherlands, 16th September 2016
Murray B, Svec J and Wright D 2016 'Identifying Wealth Transfer in M&A Using Credit Default Swaps', World Finance Conference, New York, United States, 31st July 2016
Murray B, Svec J and Wright D 2016 'Identifying Wealth Transfer in M&A Using Credit Default Swaps', CFA Program Partner Conference, Vancouver, Canada, 29th July 2016
Wright D 2016 'Are Lucky Prices Optimal?', Auckland Finance Meeting, Auckland, New Zealand, 18th December 2016
Alcock J, Andrlikova P, Aspris A, Foley S, Satchell S, Segara R, Wright D and Yao J 2016 'Asset-Price Bubbles in the Australian Market', Centre for International Finance and Regulation
Wright D 2016 'Are Lucky Endings the Optimal Price Setting?, Simon Fraser University, Vancouver, Canada, 6 October 2016
Wright D 2016 'Are Lucky Endings the Optimal Price Setting?, Universita G. D'Annunzio, Chieti, Italy, 13 September 2016
Wright D 2014 'Superstition and prices in residential real estate transactions', 2014 Auckland Finance Meeting, Auckland, New Zealand, 20th December 2014
Wright D 2014 'Superstition and prices in residential real estate transactions', IFMA International Conference on Finance, Bali, Indonesia, 17th December 2014
Wright D and Lepone G 2014 'Investor behaviour and lottery stocks', World Finance Conference, Venice, Italy, 4th July 2014
Lepone A and Wright D 2014 'Capital Market Structures and Comparisons', Expert’s report for the Financial Services Council of Australia
Wright D 2014 'Indices, Investments and Ideology: 50 Years of Residential Real Estate Research, AFAANZ Behavioural Finance SIG, Auckland, New Zealand, 6 July 2014
Wright D 2014 'The Auction Pricing Effect Revisited, Unversita G. D’Annunzio, Pescara, Italy, 30 June 2014
Gong G and Wright D 2013 'Investor characteristics and the disposition effect: Cultural effects', World Finance & Banking Symposium, Beijing, China, 17th December 2013
Gong G and Wright D 2013 'Investor behaviour and lottery stocks', 3rd Annual Behavioural Finance and Capital Markets Conference 2013, Adelaide, Australia, 2nd August 2013
Lepone A, Mollica V and Wright D 2013 'Technology Impact on Capital Markets', Expert’s report for the Financial Services Council of Australia
Wright D 2013 'House Money Investing: Investor Behaviour and Lottery Stocks, Unversita G. D’Annunzio, Pescara, Italy, 27 November 2013
Peat M and Wright D 2012 'The Impact of Residential Property Investment on Portfolio Performance', JASSA – The Finsia Journal of Applied Finance:2, pp. 35-42
Wright D 2012 'The Impact of Residential Property Investment on Portfolio Dynamics', Expert’s report for Genero Investment Group
Frino A, Peat M and Wright D 2009 'Seasonality in Australian residential real estate prices', 22nd Australasian Finance and Banking Conference, Sydney, Australia, 18th December 2009
Frino A, Peat M and Wright D 2008 'First- sale bias and age effects: Do ‘new’ properties sell at a premium?', 21st Australasian Finance and Banking Conference, Sydney, Australia, 18th December 2008
Wright D 2006 'Bias and precision in the performance of residential real estate prices, Reserve Bank of Australia Economic Research Series, Sydney, Australia, 7 December 2006
- Real estate finance and economics
- Investor behaviour
- Investment and asset allocation strategies
- Corporate strategy and restructuring
Recent Units Taught
BUSS4000 Honours in Business
FINC3013 Mergers and Acquisitions
FINC3017 Investments and Portfolio Management
FINC6017 Mergers and Acquisitions
FINC6024 Real Estate Finance and Investment
House prices are a hot topic for many Australians. Markets such as Sydney and Melbourne have seen a rise in house prices by roughly 10-15% over the last 12 months. Dr Danika Wright explores some of the issues surrounding the current climate, as well as common misconceptions.