Towards a superannuation system fit for the future. Towards a superannuation system fit for the future. This project aims to develop a stochastic superannuation model and propose alternative post retirement solutions, using data-led understanding of savings habits. Funding for the increasing cost of the growing older population will, if not modelled, forecast and managed adequately, swamp all other welfare and state funded costs. To manage older age costs adequately, governments need to encourag ....Towards a superannuation system fit for the future. Towards a superannuation system fit for the future. This project aims to develop a stochastic superannuation model and propose alternative post retirement solutions, using data-led understanding of savings habits. Funding for the increasing cost of the growing older population will, if not modelled, forecast and managed adequately, swamp all other welfare and state funded costs. To manage older age costs adequately, governments need to encourage people to save and provide ways people can save—but need to better understand how people save money for their old age. This research is expected to enable the “superannuation change“ necessary for the superannuation system to remain sustainable and fund retirees to live well.Read moreRead less
Nowcasting and Interpreting the Australian Economy. This project aims to investigate methods for nowcasting and interpreting the Australian economy. This is determining the current state of the economy and the factors contributing to it.
This project expects to generate new knowledge on how unconventional, new, data sources and innovative methods can be used to in nowcasting and how the Australian economy can be modelled.
The expected outcomes include timely new indicators of the state of the ec ....Nowcasting and Interpreting the Australian Economy. This project aims to investigate methods for nowcasting and interpreting the Australian economy. This is determining the current state of the economy and the factors contributing to it.
This project expects to generate new knowledge on how unconventional, new, data sources and innovative methods can be used to in nowcasting and how the Australian economy can be modelled.
The expected outcomes include timely new indicators of the state of the economy, and the factors contributing to it. This should provide significant benefits through informing the conduct of Australian macroeconomic policy, as the appropriate policy response depends not only on knowing the current state of the economy but understanding the economic factors underlying it.
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Nature futures: mapping pathways to prosperity for people and nature. Population growth, consumption and trade are direct socio-economic drivers of land use change and climate change, which determine where species can persist. The UN Sustainable Development Goals and national policies acknowledge the dependence of people on nature and the impact of socio-economic drivers on nature. However, few analyses of impacts on nature explicitly incorporate socio-economic drivers. Utilising a novel modelli ....Nature futures: mapping pathways to prosperity for people and nature. Population growth, consumption and trade are direct socio-economic drivers of land use change and climate change, which determine where species can persist. The UN Sustainable Development Goals and national policies acknowledge the dependence of people on nature and the impact of socio-economic drivers on nature. However, few analyses of impacts on nature explicitly incorporate socio-economic drivers. Utilising a novel modelling framework and high-performance computing we will integrate economic, land use and biodiversity models to evaluate: (i) policies and incentives for increasing national vegetation cover for carbon sequestration and habitat, and (ii) global risks to nature posed by land use change under future geopolitical scenarios.Read moreRead less
Economic Impact Assessment Of FRDC's Annual RD&E Investments: A Three Year Procurement
Funder
Fisheries Research and Development Corporation
Funding Amount
$452,225.00
Summary
It is becoming increasingly important for Rural RDCs to continually monitor and evaluate the returns from RD&E investment, as government and industry require greater transparency and accountability of RD&E funds.
In addition to FRDC’s Statutory Funding Agreement requirements for valuing return on investment and use in its Annual Reports, impact assessments of FRDC’s RD&E investments are needed to inform: – Future investment decisions – CRRDC’s overall performance review of impac ....It is becoming increasingly important for Rural RDCs to continually monitor and evaluate the returns from RD&E investment, as government and industry require greater transparency and accountability of RD&E funds.
In addition to FRDC’s Statutory Funding Agreement requirements for valuing return on investment and use in its Annual Reports, impact assessments of FRDC’s RD&E investments are needed to inform: – Future investment decisions – CRRDC’s overall performance review of impact generated by RDCs – Levy payers and government of the performance of investments.
GHD understands that the project will comprise two key components: – An economic impact assessment of up to 20 research projects for the three-year period FY23/24, 24/25, and 25/26 – An individual and aggregated report of all assessed projects at the completion of assessments.
GHD notes that within this period the first five assessments for FY23/24 are required by June 2024 with the remainder of the projects, i.e. 10, due in September 2024. These assessments are required to be consistent with the CRRDC Guidelines for Impact Assessments. FRDC RD&E projects are to be assessed annually to meet Statutory Funding Agreement (SFA) requirements for valuing return on investment for use in FRDC’s Annual Reports and performance of FRDC’s investments. In conducting the impact assessment project it will be important to note that one of FRDC’s key responsibilities is to ensure that research to assist management of fisheries and aquaculture resources is being undertaken to maintain ongoing sustainability. While the primary focus of these benefit-cost analyses over time has been economic impact, with references to environmental and social implications where appropriate, FRDC is increasingly interested in understanding the impact of R&D investments on environmental, social, and economic aspects more holistically.
Objectives: 1. To inform FRDC's delivery of R&D Plans and future investment decisions 2. To provide information on the return of FRDC’s RD&E investment that can be used in FRDC’s annual reporting to the Australian Commonwealth 3. To contribute to populating the Evaluation Framework for FRDC reporting to DAFF under the current SFA agreement 4. To provide FRDC input to the overall performance assessment of the RDCs being compiled by CRRDC Read moreRead less
Inequality of health, wealth and education in China. This project aims to examine whether China’s recent increase in income inequality is associated with increased inequalities in other well-being related outcomes: health, education and wealth. It also aims to identify the factors associated with increases in inequalities. Significant increases in income and wealth inequality could have detrimental effects on economic and political stability. The expected outcomes from this project will help to ....Inequality of health, wealth and education in China. This project aims to examine whether China’s recent increase in income inequality is associated with increased inequalities in other well-being related outcomes: health, education and wealth. It also aims to identify the factors associated with increases in inequalities. Significant increases in income and wealth inequality could have detrimental effects on economic and political stability. The expected outcomes from this project will help to identify policies useful in addressing inequalities and enhancing stability within Australia's important trading partner.Read moreRead less
The Impact And Implication Of Perkinsus Olseni On Australian Abalone Fisheries
Funder
Fisheries Research and Development Corporation
Funding Amount
$322,174.00
Summary
Perkinus olseni is a protozoan parasite that has negative effects on three commercially harvested abalone species in Australia – blacklip, greenlip and Roe’s. Disease manifestation ranges from high mortality (e.g. New South Wales; Liggins and Upston 2010) to chronic clinical infection (Gudkovs 2016). Chronically infected animals often exhibit extensive macroscopic lesions rendering the product unsaleable. Outbreaks in the 1980s in the South Australian (SA) Central Zone (SACZ) fishery removed 15 ....Perkinus olseni is a protozoan parasite that has negative effects on three commercially harvested abalone species in Australia – blacklip, greenlip and Roe’s. Disease manifestation ranges from high mortality (e.g. New South Wales; Liggins and Upston 2010) to chronic clinical infection (Gudkovs 2016). Chronically infected animals often exhibit extensive macroscopic lesions rendering the product unsaleable. Outbreaks in the 1980s in the South Australian (SA) Central Zone (SACZ) fishery removed 15 t of greenlip catch, with partial recovery of the fishery taking 30+ years. Avoidance of fishing areas in the SA Western Zone (SA WZ) abalone fishery with high prevalence of Perkinsus-related lesions has displaced ~10% (11t.yr-1) of blacklip catch to alternative fishing grounds, exacerbated quota reductions and likely cost the fishery in excess of $10 million over the past ten years. The impact of Perkinsus on abalone fisheries has not been fully quantified and the factors driving prevalence and disease expression are unknown. This information is fundamental for the effective management of this disease, and in particular the prevention of its spread and proliferation. Understanding the impacts of Perkinsus on abalone fisheries and developing strategies for mitigating impacts are the highest priority research need of the SAWZ. These aims are also relevant to the Abalone Council Australia strategic plan and supported by the SACZ and SA Southern Zone abalone fisheries because of the threat this disease poses to both fisheries. This project will consolidate current knowledge on Perkinsus, describe the impact and drivers of the disease in Australia, and determine whether shucking at sea is a high risk. This information is necessary to mitigate the spread and impact of the disease where abalone are currently shucked at sea. If shucking at sea is a high risk we will evaluate alternative ways in which harvesting can occur without further disease spread.
Objectives: 1. Assessment of the economic impact of Perkinsus olseni on blacklip and greenlip abalone fisheries 2. Identify environmental factors influencing the expression of clinical perkinsosis 3. Preliminary evaluation of the fate of viscera discarded at sea 4. Evaluate whether Perkinsus zoosporangia can be detected in faecal pellets following ingestion by fish or other viscera consumers (laboratory trials) 5. If objective 4 indicates zoosporangia detection in fish faeces, hold a workshop to evaluate ways in which harvesting can occur without further disease spread. Read moreRead less
Banking System Competition and the Macro-economy. Australia has one of the most concentrated banking sectors in the world, generating concerns regarding its efficiency. This project aims to develop unified frameworks to understand and evaluate quantitatively how the structure of the banking industry affects the macro-economy and provide policy recommendations for establishing a healthy and efficient banking industry. This project expects to improve understanding of the welfare trade-off between ....Banking System Competition and the Macro-economy. Australia has one of the most concentrated banking sectors in the world, generating concerns regarding its efficiency. This project aims to develop unified frameworks to understand and evaluate quantitatively how the structure of the banking industry affects the macro-economy and provide policy recommendations for establishing a healthy and efficient banking industry. This project expects to improve understanding of the welfare trade-off between bank competition and economic well-being to enable policymakers to better determine the optimal concentration of banking sector in Australia. This will enhance the productivity and international competitiveness of Australia’s financial system and the broader economy.Read moreRead less
Policy Modelling for Ageing in Emerging Economies: The Case of Indonesia. This project, in collaboration with the World Bank and the Indonesian Planning Authority, will support major social and economic policy development in a rapidly ageing region. It will break new ground by developing a cutting-edge economic policy model reflecting salient features of ageing in emerging economies, taking into account the wider implications for education, employment, formalisation, growth, and retirement. It w ....Policy Modelling for Ageing in Emerging Economies: The Case of Indonesia. This project, in collaboration with the World Bank and the Indonesian Planning Authority, will support major social and economic policy development in a rapidly ageing region. It will break new ground by developing a cutting-edge economic policy model reflecting salient features of ageing in emerging economies, taking into account the wider implications for education, employment, formalisation, growth, and retirement. It will bring the armoury of policy analysis instruments available to these countries up to the standard now enjoyed by the developed world. Indonesia, on the brink of major pension reform, will be used as a test bed. Data sets will be developed to allow the model structure to be applied to other emerging economies in Asia. Read moreRead less
Novel Fishery Independent, Biological And Economic-processing Methods To Underpin Expansion Of Australia's Fastest Growing Fishery, The Western Rock Octopus
Funder
Fisheries Research and Development Corporation
Funding Amount
$650,260.00
Summary
The Western Rock Octopus fishery has become Australia’s fastest growing fishery, with a 5-year average growth of 50% per annum between 2017 and 2022. Despite this expansion, there are still significant gaps in knowledge and practice that do not allow this fishery to grow and develop in an optimum sustainable and socio-economic manner. This project will fill the information gaps and develop pro-active management and economic policy settings that facilitate a comprehensive development of the fishe ....The Western Rock Octopus fishery has become Australia’s fastest growing fishery, with a 5-year average growth of 50% per annum between 2017 and 2022. Despite this expansion, there are still significant gaps in knowledge and practice that do not allow this fishery to grow and develop in an optimum sustainable and socio-economic manner. This project will fill the information gaps and develop pro-active management and economic policy settings that facilitate a comprehensive development of the fishery to its natural capacity. It meets FRDCs two main outcomes of the 2020-2025 R&D plan; growth for enduring prosperity, best practices and production systems, and also meets Enabling Strategy IV: Building capacity and capability. Objectives: 1. Quantify species mix, growth, population connectivity, and reproduction of the unexplored South Coast and deep-water West Coast stocks of Octopus djinda. 2. Develop and test an octopus trap mounted camera system as fishery independent survey tool for density, bycatch, habitat, and environmental data. 3. Develop a bioeconomic model for octopus fishery management and expansion in Australia. Read moreRead less
Australian Southern Bluefin Tuna Ranching Research, Development And Extension Management Program
Funder
Fisheries Research and Development Corporation
Funding Amount
$327,255.00
Summary
This project is essential for the continued function and improvement of a cohesive R&D approach aimed at meeting the priority needs of the SBT Aquaculture Industry. The industry had developed rapidly post its initiation in 1991 and has the opportunity to continue to do so beyond 2020. However, targeted R&D is needed to underpin this development and to assure the long-term sustainability of the industry in an increasingly competitive international market. This project is required for the continua ....This project is essential for the continued function and improvement of a cohesive R&D approach aimed at meeting the priority needs of the SBT Aquaculture Industry. The industry had developed rapidly post its initiation in 1991 and has the opportunity to continue to do so beyond 2020. However, targeted R&D is needed to underpin this development and to assure the long-term sustainability of the industry in an increasingly competitive international market. This project is required for the continuation and further development of research in the SBT aquaculture industry, to set and meet objectives, as well as ensuring appropriate inputs and outcomes are delivered to FRDC. The SBT Research Program is needed to: - provide the opportunity for an ongoing management structure to oversee active research projects and ensure desired outcomes are achieved; - set research priorities and develop projects to match priorities; - minimise the level of research duplication; - provide a focus for developing SBT aquaculture related research infrastructure; - provide focused strategy for disseminating research results to industry and other stakeholders; - address industry priorities and gaps by establishing a mechanism to empower industry's involvement in their research; - maintain frameworks to ensure that SBT aquaculture research is orderly, targeted and value for money; - facilitate leadership and training for industry workforce; - support industry participation in conferences, congresses and forums to enhance industry knowledge of relevant subjects, address threats to industry, expand affiliations with external sectors and increase research networks; - build cross sectorial relationships within seafood industries , research institutions and the media; - identify new pathways relevant to future research and the continuing success of the program; and - provide a mechanism for obtaining feedback for continuous program improvement.
Objectives: 1. Ensure sustainable development of the industry 2. Improve resource access and property rights 3. Improve profitability 4. Extend research outcomes to stakeholders 5. Enhance market opportunity 6. Ensure workforce development and safety 7. Encourage participation in forums that concern industry Read moreRead less