Intergenerational Disadvantage: Causes, Pathways, and Consequences. This Project aims to prevent poor Australian children from becoming poor adults by developing scientific evidence and creative policy approaches to overcome entrenched disadvantage. The Project will generate new knowledge on how social assistance dependence is linked across generations using new Australian data. Expected outcomes are the identification of i) the causal link between parents’ and children’s social assistance depen ....Intergenerational Disadvantage: Causes, Pathways, and Consequences. This Project aims to prevent poor Australian children from becoming poor adults by developing scientific evidence and creative policy approaches to overcome entrenched disadvantage. The Project will generate new knowledge on how social assistance dependence is linked across generations using new Australian data. Expected outcomes are the identification of i) the causal link between parents’ and children’s social assistance dependence; ii) the pathways through which youths overcome disadvantage; and iii) the role of family structure in transmitting disadvantage. Transforming the evidence base, the findings will have significant benefits in redesigning the Australian social safety net, promoting social and economic mobility.Read moreRead less
Regional Comparisons of Prices, Income and Growth in Australia. We will measure how much the cost of living and rates of inflation differ across the eight capital cities in Australia, and then test whether real per capita income levels across cities are converging or diverging over time. To make such comparisons, the ABS's databases on each capital city must first be harmonized. While doing this we will review the ABS's current procedures for data construction and quality assessment. A further a ....Regional Comparisons of Prices, Income and Growth in Australia. We will measure how much the cost of living and rates of inflation differ across the eight capital cities in Australia, and then test whether real per capita income levels across cities are converging or diverging over time. To make such comparisons, the ABS's databases on each capital city must first be harmonized. While doing this we will review the ABS's current procedures for data construction and quality assessment. A further aim is to show how statistical modelling using spanning-tree methods can resolve the conflict that arises for price indexes constructed on panel data sets between temporal and spatial consistency.Read moreRead less
An inter-disciplinary analysis of the dynamics of Aboriginal interactions with the criminal justice system. The over-representation of Indigenous Australians in prison continues to be a serious problem, more than a decade after the Royal Commission into Aboriginal Deaths in Custody. There are few rigorous studies identifying the dynamic factors associated with Indigenous interaction with the criminal justice system. This project will identify the Indigenous pathways within the system, in order t ....An inter-disciplinary analysis of the dynamics of Aboriginal interactions with the criminal justice system. The over-representation of Indigenous Australians in prison continues to be a serious problem, more than a decade after the Royal Commission into Aboriginal Deaths in Custody. There are few rigorous studies identifying the dynamic factors associated with Indigenous interaction with the criminal justice system. This project will identify the Indigenous pathways within the system, in order to alert policy-makers to potential interventions at crucial junctures of criminal careers. It will use dynamic statistical models to identify important socioeconomic and geographic factors. Qualitative data will facilitate a deeper understanding of processes underlying the high rates of Indigenous arrest and imprisonment.Read moreRead less
Privacy-preserving cloud data mining-as-a-service. This project aims to explore practical privacy-preserving solutions for cloud data mining-as-a-service based on the Intel Software Guard Extensions (SGX) technology. The research addresses privacy concerns of users when outsourcing data mining needs to the cloud. These concerns have increased as more businesses evaluate data mining-as-an outsourced service due to lack of expertise or computation resources. The expected outcomes from the research ....Privacy-preserving cloud data mining-as-a-service. This project aims to explore practical privacy-preserving solutions for cloud data mining-as-a-service based on the Intel Software Guard Extensions (SGX) technology. The research addresses privacy concerns of users when outsourcing data mining needs to the cloud. These concerns have increased as more businesses evaluate data mining-as-an outsourced service due to lack of expertise or computation resources. The expected outcomes from the research will include new data privacy models, new privacy-preserving data mining algorithms, and a prototype of cloud data mining software. These will help businesses cut costs for data mining and privacy protection, and provide significant benefits toward helping Australia achieve its national cyber security strategy and potentially provide economic impact from commercialisation of new software technology for the industry partner.Read moreRead less
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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Helping Central Banks Measure Unobserved Variables Using Real-time Forecasts. The project addresses structural measurement problems confronted routinely by central bankers. The techniques developed, and the estimates provided, will aid directly the Partner Organisations (the Reserve Bank of Australia, the Reserve Bank of New Zealand and Norges Bank) and other central banks in formulating monetary policy. The analysis will allow interest rates in Australia and elsewhere to be set with greater pre ....Helping Central Banks Measure Unobserved Variables Using Real-time Forecasts. The project addresses structural measurement problems confronted routinely by central bankers. The techniques developed, and the estimates provided, will aid directly the Partner Organisations (the Reserve Bank of Australia, the Reserve Bank of New Zealand and Norges Bank) and other central banks in formulating monetary policy. The analysis will allow interest rates in Australia and elsewhere to be set with greater precision. The techniques developed in this project will facilitate the understanding and communication of monetary policy within the central banks concerned, and enhance communication of monetary policy strategy to the public.Read moreRead less
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
Cohort discovery and activity mining for policy impact prediction. Cohort discovery and activity mining for policy impact prediction. This project aims to develop an intelligent systematic framework to predict policy impacts on Australian patients, by discovering inherent patient cohorts and assessing the impact of the policies on these cohorts. The proposed methods lay the theoretical foundations for building intelligent automated tools for policy assessment. Expected outcomes are data-driven p ....Cohort discovery and activity mining for policy impact prediction. Cohort discovery and activity mining for policy impact prediction. This project aims to develop an intelligent systematic framework to predict policy impacts on Australian patients, by discovering inherent patient cohorts and assessing the impact of the policies on these cohorts. The proposed methods lay the theoretical foundations for building intelligent automated tools for policy assessment. Expected outcomes are data-driven patient group discovery, which could more precisely identify the patient cohorts most likely to benefit from a specific policy; and a model to predict the efficacy of policy options, which could increase the sustainability of the national health system by enabling smarter, more efficient policy decision-making.Read moreRead less
Power systems with diverse generation - implications, control and capability. This research will generate a systematic methodology to handle the impact of the renewable energy sources on the NSW power grid. It increases our understanding of the impact of climate change policies relating to mandatory targets for greenhouse gas reduction helping to build Australia’s research capacity in the national priority area of an environmentally sustainable Australia. The anticipated methodology can also be ....Power systems with diverse generation - implications, control and capability. This research will generate a systematic methodology to handle the impact of the renewable energy sources on the NSW power grid. It increases our understanding of the impact of climate change policies relating to mandatory targets for greenhouse gas reduction helping to build Australia’s research capacity in the national priority area of an environmentally sustainable Australia. The anticipated methodology can also be seen as protecting the security of power infrastructure as well. Maintaining a critical energy infrastructure protects our way of life and ensures ongoing social, economic and environmental well being of Australia.Read moreRead less
Secure and Resistant Blockchain for Financial and Business Applications. The aim of this project is to develop a practical secure blockchain technology for the booming applications in finance and business. This project expects to address the leading security threats to the current blockchain applications. The expected outcome is an executable secure and resistant blockchain prototype through the integration of the latest developed and customized techniques. The success of the project will dramat ....Secure and Resistant Blockchain for Financial and Business Applications. The aim of this project is to develop a practical secure blockchain technology for the booming applications in finance and business. This project expects to address the leading security threats to the current blockchain applications. The expected outcome is an executable secure and resistant blockchain prototype through the integration of the latest developed and customized techniques. The success of the project will dramatically benefit Australian people and government, especially for the Australian ICT industry for commercializing the research outputs. Read moreRead less