Investment Approaches and Applications in Financial Markets: Evolutionary Kernel Based Subset Time-Series Using Semi-Parametric Approaches. The project will develop new investment assessments based on subset time-series modeling. Innovative evolutionary kernel smoothing algorithms using semi-parametric approaches will be introduced. The project will make three important applications of this modeling in financial markets: a) benchmarking and evaluation of inflation-indexed bonds; b) evaluation of ....Investment Approaches and Applications in Financial Markets: Evolutionary Kernel Based Subset Time-Series Using Semi-Parametric Approaches. The project will develop new investment assessments based on subset time-series modeling. Innovative evolutionary kernel smoothing algorithms using semi-parametric approaches will be introduced. The project will make three important applications of this modeling in financial markets: a) benchmarking and evaluation of inflation-indexed bonds; b) evaluation of the performance of global diversified investment funds; and c) prediction to provide early warning of the emergence of destabilising deflation or inflation. These three applications will lead to improved risk management practices and investment performance. Recursive algorithms will provide new statistical methods to study investment asset price movements and market volatility.
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Investment approaches and opportunities in renewable energy and financial resource markets, using semi-parametric approaches to evolutionary subset time-series lattice-ladder modelling. The project findings will help Australian exporters and importers understand and manage energy and resource price risks more effectively. The investment community will benefit through selecting optimal asset allocations and enhancing value to investors. It will also benefit many other agencies, particularly in th ....Investment approaches and opportunities in renewable energy and financial resource markets, using semi-parametric approaches to evolutionary subset time-series lattice-ladder modelling. The project findings will help Australian exporters and importers understand and manage energy and resource price risks more effectively. The investment community will benefit through selecting optimal asset allocations and enhancing value to investors. It will also benefit many other agencies, particularly in the service industries. It is not well recognised that in developed countries, including Australia, the financial service and related sectors account for more than 60 percent of economic activity and employment, so it is critical that more sophisticated statistical methods be established, and practical applications conducted, in order to advance the understanding of complexity management in the financial service and related sectors.Read moreRead less
The improvement of investment approaches by developing and applying bootstrap methods to innovative evolutionary kernel-based subset time-series modelling. With over $1 trillion of investors' monies in the hands of fund managers, the importance of efficient investment decisions across all industry sectors is self evident. Even if the modest target of systematically improving decision making by 1 or 2 % is set, the aggregate economic benefit achieved, given the compounding effects will be enormou ....The improvement of investment approaches by developing and applying bootstrap methods to innovative evolutionary kernel-based subset time-series modelling. With over $1 trillion of investors' monies in the hands of fund managers, the importance of efficient investment decisions across all industry sectors is self evident. Even if the modest target of systematically improving decision making by 1 or 2 % is set, the aggregate economic benefit achieved, given the compounding effects will be enormous. Any developed or developing country will profit from such advanced decision-making approaches. Therefore it is critical that more sophisticated statistical methods be established, and practical applications conducted, in order to advance the understanding of complexity management in the financial investment and other relevant sectors.Read moreRead less
Power scaling of remote plasma sources for gallium nitride film growth with real-time monitoring of activated nitrogen species. Domestic, industrial and community lighting currently accounts for ~20% of the world's overall energy consumption. Commonly used incandescent lights are based on inefficient, century-old technologies. In contrast, light emitting diodes (LEDs) use ~80% less energy and last ~100 times longer. LED deployment will bring substantial economic and environmental benefits for Au ....Power scaling of remote plasma sources for gallium nitride film growth with real-time monitoring of activated nitrogen species. Domestic, industrial and community lighting currently accounts for ~20% of the world's overall energy consumption. Commonly used incandescent lights are based on inefficient, century-old technologies. In contrast, light emitting diodes (LEDs) use ~80% less energy and last ~100 times longer. LED deployment will bring substantial economic and environmental benefits for Australia and globally. Next generation high-efficiency LEDs for lighting, will operate with reduced energy consumption, thus contributing to reaching future national targets for CO2 emission reduction. This project will achieve reduced production cost of a key LED material, and will support Australia's leadership in a growing global semiconductor manufacturing industry.Read moreRead less
An Advanced Numerical Technique for Stability Analysis of Mining Excavations in Jointed/Faulted Rock Masses under High Stresses. The aim of this project is to develop a sophisticated mathematical model and computational technique for the stability analysis of mining excavations in jointed/faulted rock masses. The development involves a novel solution method based on current work in finite element method, boundary element method and large-scale optimisation with partial differential equation cons ....An Advanced Numerical Technique for Stability Analysis of Mining Excavations in Jointed/Faulted Rock Masses under High Stresses. The aim of this project is to develop a sophisticated mathematical model and computational technique for the stability analysis of mining excavations in jointed/faulted rock masses. The development involves a novel solution method based on current work in finite element method, boundary element method and large-scale optimisation with partial differential equation constraints. The work is extremely important to the mining industry in Australia, as the outcomes of the project will provide engineers with an innovative simulation technique to optimise mine design and to predict and control rock failure so as to reduce personnel injuries and death toll in mine sites.Read moreRead less
A Robust Optimization Technique for Identifying Geomechanical Parameters Using In-situ Measurements. The aim of this project is to develop a robust optimisation technique for identifying geomechanical parameters for subsequent stability analysis of rock structures in particular open pits. The development involves a novel solution method based on current work in finite element method and large-scale optimisation with partial differential equation constraints. The outcomes of the project will prov ....A Robust Optimization Technique for Identifying Geomechanical Parameters Using In-situ Measurements. The aim of this project is to develop a robust optimisation technique for identifying geomechanical parameters for subsequent stability analysis of rock structures in particular open pits. The development involves a novel solution method based on current work in finite element method and large-scale optimisation with partial differential equation constraints. The outcomes of the project will provide a sophisticated numerical technique for geotechnical engineers/scientists to determine geomechanical parameters accurately from in-situ observation and displacement measurements, leading to the optimal design of rock structures in subsequent analysis.Read moreRead less
Computer simulation techniques to reduce the incidence of femoral fracture after hip replacement surgery. Australia's ageing population is driving an increase of 5% to 10% a year in the number of primary total hip replacements. We will move beyond conventional surgical techniques, to deliver the science for an accurate, reliable computer-based system that is significantly more accurate and reliable. Optimising implant selection criteria to better match patients' activity levels and bone physiolo ....Computer simulation techniques to reduce the incidence of femoral fracture after hip replacement surgery. Australia's ageing population is driving an increase of 5% to 10% a year in the number of primary total hip replacements. We will move beyond conventional surgical techniques, to deliver the science for an accurate, reliable computer-based system that is significantly more accurate and reliable. Optimising implant selection criteria to better match patients' activity levels and bone physiology and minimise revision rates; this has major implications for the national health budget and patients' quality of life. Our advances will allow the implementation of improved surgical techniques that minimise the risk of implant related bone failure.Read moreRead less
A Cost-Effective System for Monitoring Lightning Strikes Across Australasia. Lightning causes many major fires in Australia, and rural fire managers would benefit from access to lighting data. Lightning data have been prohibitively expensive because acquiring them requires a dense monitoring network. Low Frequency Electromagnetic Research Ltd (LF*EM) has developed an alternative, cost-effective technology for monitoring lightning based on a sparse network of stations monitoring VLF radiation. We ....A Cost-Effective System for Monitoring Lightning Strikes Across Australasia. Lightning causes many major fires in Australia, and rural fire managers would benefit from access to lighting data. Lightning data have been prohibitively expensive because acquiring them requires a dense monitoring network. Low Frequency Electromagnetic Research Ltd (LF*EM) has developed an alternative, cost-effective technology for monitoring lightning based on a sparse network of stations monitoring VLF radiation. We propose to translate LF*EM's basic science results into a product that can deliver lightning data to fire managers and other users across Oceania.Read moreRead less
Development of Nuclear Quadrupole Resonance Methods and Technology to Enhance the Detection of Explosives and Other Contraband. This project will develop new methods and technology for the detection of explosives and other compounds using Nuclear Quadrupole Resonance. This technique is of great importance to aviation security and the military and is particularly relevant to the priority goal of 'Safeguarding Australia'. The Industry partner has licensing contracts with major x-ray manufacturer ....Development of Nuclear Quadrupole Resonance Methods and Technology to Enhance the Detection of Explosives and Other Contraband. This project will develop new methods and technology for the detection of explosives and other compounds using Nuclear Quadrupole Resonance. This technique is of great importance to aviation security and the military and is particularly relevant to the priority goal of 'Safeguarding Australia'. The Industry partner has licensing contracts with major x-ray manufacturers and system integrators to integrate this technology. These investigations should yield improvements in the signal to noise ratio, false alarm rates and the spatial discrimination of targets. This work will lead to significant increases in the value of the technology and open up new areas of commercialization.Read moreRead less