Ray returned to private practice after retiring as a Judge of the Federal Court and President of the Australian Competition Tribunal in 2011.
Ray was called to the Bar in 1975, specialising in equity, commercial and corporations law. He was appointed Queen’s Counsel in 1986 and concentrated on appellate work, often acting for State and Federal Governments and their instrumentalities. He was acting Solicitor- General for the State of Victoria during 1992.
Ray was appointed a Judge of the Federal Court in 1997 and held additional appointments as Deputy President of the Australian Competition Tribunal and the Copyright Tribunal of Australia. In 2011, he was appointed Adjunct Professor in the Law Faculty at Monash University. During 2011/2012 he was appointed by the Commonwealth Government as Chair of the Independent Inquiry into Aspects of the Media.
*Liability limited by a scheme approved under Professional Standards legislation