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Econometrics and Business Statistics Consulting Service

Who are we?

The Department of Econometrics and Business Statistics has more than 20 staff members with wide experience in econometrics and statistics. Some of our most experienced consultants include


Professor Rob J Hyndman
B.Sc. (Hons), Ph.D., A.Stat.
Director of Consulting

Professor Hyndman has over 25 years consulting experience working with several hundred clients. His consulting practice has covered just about every area of statistics from linguistics to river beds, from making paper plates to selling pies at the MCG, from tax office audits to surveys about the colour purple. He has advised federal and state governments in Australia and overseas, he has worked with businesses in many countries, and he has appeared as an expert witness in several court cases. He is best known as Editor-in-Chief of the International Journal of Forecasting and author of the forecast package in R. He also publishes regularly in scholarly refereed journals and is an award-winning lecturer at Monash University.


Dr Lee Gordon-Brown
B.Eng., Ph.D.

Dr. Gordon-Brown is a specialist in business modelling and decision support systems and has had wide experience in business analysis and simulation using exact and heuristic techniques. Consulting experience has included consulting engineering and business simulation projects for Phillip Morris, several Victorian Government Departments, the Australian Greenhouse Office, Multiplex and the Municipal Association of Victoria.


Associate Professor Catherine Forbes
B.Sc., M.Sc., Ph.D.

Associate Professor Forbes is a specialist in Bayesian statistical methods and has published in the areas of financial modelling, nonlinear time series and model selection. She has had a variety of consulting experience in academia, business and the manufacturing industry.


Dr Simone Grose
B.Ec. (Hons), Ph.D.

Dr. Grose is an econometrician with experience in time series modelling and forecasting, including modelling consumer demand and financial returns data. Consulting experience includes a major project for a large utility involving the use of billing data to forecast sales.


Professor Brett Inder
B.Ec. (Hons), Ph.D.

Professor Inder is an econometrician specialising in modelling economic and business time series. He has published several influential papers on state-of-the-art model building methodology and theory. His consulting experience covers both private business and government. Associate Professor Inder received the vice-chancellor's award for Excellence in Teaching in 1996.


Lachlan Macquarie

Lachlan Macquarie is an Assistant Lecturer in the Department of Econometrics and Business Statistics at Monash University. His research interests are in micro-econometrics, and he has taught in the department for over 12 years at all undergraduate levels. He has also worked for a fixed income investment management company in the U.S., and has been involved in consulting projects with Yarra Valley Water and the Department of Justice. He has also had experience as a consulting econometrician in advertising.


Dr. Mehmet Özmen
B.Com., B.Ec. (Hons), Ph.D.

Dr. Özmen is a specialist in panel data techniques, simulation modelling and data mining methodologies. He has had a variety of consulting experiences in both academia and in business across a wide range of subject areas including resource distribution across hospital catchments, syntax preference in linguistics, impact of green strips on housing prices, as well as other more traditional finance and economics topics.


Associate Professor Ralph Snyder
B.Ec. (Hons), M.Ec., Ph.D.

Associate Professor Snyder is a specialist in business modelling and operations research. The primary focus of his research has been on quantitative and statistical methods for sales forecasting and inventory management, with many publications in leading US and British academic journals. He has consulted extensively with Australian business and industry, most recently specialising in the distribution of car parts. Some of his methods of inventory control have been implemented by leading Australian and Malaysian companies; one case resulted in savings in excess of ten million dollars.