Shock model-based framework for modelling correlated large losses. This project aims to develop aggregate risk models by utilizing shock models in reliability theory. It intends to provide a new alternative approach which is more realistic and also mathematically tractable in order to estimate various types of quantities in (re)insurance and operational risk management. The expected outcome includes enhanced capacity by advanced analytical tools to assess correlated and large risks, thus assisti ....Shock model-based framework for modelling correlated large losses. This project aims to develop aggregate risk models by utilizing shock models in reliability theory. It intends to provide a new alternative approach which is more realistic and also mathematically tractable in order to estimate various types of quantities in (re)insurance and operational risk management. The expected outcome includes enhanced capacity by advanced analytical tools to assess correlated and large risks, thus assisting in the management of key risks and improving the effectiveness of risk management. This should benefit the stability of the financial and regulatory systems where large and dependent risks are concerned.Read moreRead less
To update assessment reports on Whichfish.com to keep the site current for users. Objectives: 1. 1. Re-organise existing report format in line with the new methodology 2. 2. Update relevant information for the 20 species on Whichfish 3. 3. Reassess risk scores and future outlook sections using draft methodology 4. 4. Provide written feedback about any issues and/or challenges encountered in applying the draft risk assessment which will be incorporated into a guid ....To update assessment reports on Whichfish.com to keep the site current for users. Objectives: 1. 1. Re-organise existing report format in line with the new methodology 2. 2. Update relevant information for the 20 species on Whichfish 3. 3. Reassess risk scores and future outlook sections using draft methodology 4. 4. Provide written feedback about any issues and/or challenges encountered in applying the draft risk assessment which will be incorporated into a guidance document for future assessors and suggestions to improve risk assessment criteria. Read moreRead less
New Insights on Modelling Time Trends with Panel Data: Theory and Practice. This project aims to tackle important challenges in time trend modelling by taking advantage of panel data structures. This project expects to propose flexible models in time trend modelling to retrieve reliable inference. The expected outcomes include innovative econometric models and methods that have a wide range of applications, and are particularly suited for empirical problems within large and complex systems. This ....New Insights on Modelling Time Trends with Panel Data: Theory and Practice. This project aims to tackle important challenges in time trend modelling by taking advantage of panel data structures. This project expects to propose flexible models in time trend modelling to retrieve reliable inference. The expected outcomes include innovative econometric models and methods that have a wide range of applications, and are particularly suited for empirical problems within large and complex systems. This will provide significant benefits to all fields in which data displays any form of trending behaviour. The proposed model is used to evaluate the economic consequences of climate change and global housing market contagion, which provide strong evidence-based insights to the environmental and economic policies in Australia.Read moreRead less
Investigating Aetiology And Risk Factors Of Ocular Lesions And Associated Mortality In Ranched Southern Bluefin Tuna
Funder
Fisheries Research and Development Corporation
Funding Amount
$200,238.00
Summary
This year (2017), some of the ranching operations reported the increased cumulative mortality. In some severe cases, up to 90% of collected mortalities present some degree of unilateral or bilateral ocular damage ranging from corneal cloudiness, with or without ulcers, up to complete perforation. The anecdotal report of eye lesions has progressively increased since the 2015 season without a definitive cause being identified. Previous reports (Rough et al., 1999; Rough, 2000; Hayward et al., 2007 ....This year (2017), some of the ranching operations reported the increased cumulative mortality. In some severe cases, up to 90% of collected mortalities present some degree of unilateral or bilateral ocular damage ranging from corneal cloudiness, with or without ulcers, up to complete perforation. The anecdotal report of eye lesions has progressively increased since the 2015 season without a definitive cause being identified. Previous reports (Rough et al., 1999; Rough, 2000; Hayward et al., 2007; Hayward et al., 2008a; Hayward et al., 2008b; Hayward et al., 2009; Hayward et al., 2010; Hayward et al., 2011, including FRDC projects No 2003/225 and 2008/228, Nowak et al., 2007; Nowak et al., 2012) identified sea lice of the genus Caligus spp. as a differential cause of eye lesions in SBT. The copepod ectoparasite is thought to damage the eyes by feeding on the cornea epithelium of infested SBT. Lesions worsen when fish flash against the cage’s net to dislodge the itchy copepods. Partial or full vision loss is suspected to impair the capacity of the fish to compete for feed and to result, with time, in the death of affected fish. At this stage, it is unclear: 1 - what is the distribution of the observed increased mortality across the industry; 2 - what is the occurrence and severity of eye lesions across the industry; 3 - if the observed increased mortality is entirely attributable to eye lesions; 4 - if eye lesions are solely caused by C. chiastos or if other causes are involved; 5 - if potential tow-, cage-, and fish-level risk factors are associated with the occurrence of eye lesions and its cause(s). Objectives: 1. Estimate the frequency and distribution of increased mortality across the industry. 2. Describe the pathology and severity of eye lesions and estimate the frequency and distribution of these lesions across the industry. 3. Investigate potential tow-, farm-, and fish-level risk factors associated with increased mortality and eye lesion occurrence. 4. Investigate the putative role of sealice in causing this episode of eye lesions. Read moreRead less
Reducing Colorectal Cancer Burden In Young Adults: Precision Prevention And Early Detection
Funder
National Health and Medical Research Council
Funding Amount
$1,449,800.00
Summary
Bowel cancer rate in young adults before age 50 is increasing worldwide including Australia. Since it is impossible to screen everyone, it is critical to identify who is likely to develop the disease, to optimise screening. Using the world's largest resource for young-onset bowel cancer, I will conduct studies to generate high-quality evidence to inform how to best prevent bowel cancer in young adults and translate into the policy and practice, to reduce colorectal cancer burden in young adults.
Atypical femoral fractures (AFF) are uncommon, but catastrophic, complications of the anti-osteoporosis medications, bisphosphonates. We aim to identify patients either protected from, or at risk of, AFF by identifying changes in their bone geometry, structure and quality, and genes increasing risk of these fractures. In this way, these cheap and effective anti-osteoporosis treatments can be targeted to patients at the lowest risk of AFF and alternative treatments to those at highest risk.
Computational modelling of nanofluids for industrial applications. The use of nanoparticles in heat transfer fluids, then known as nanofluids, increases their specific heat and thermal conductivity. Recent experimental works highlight that anomalous transport phenomena are evident in nanofluids that cannot be adequately described by classical conservation laws. We will extend these conservation laws to incorporate fractional operators to capture the fluid memory effects and the impact of particl ....Computational modelling of nanofluids for industrial applications. The use of nanoparticles in heat transfer fluids, then known as nanofluids, increases their specific heat and thermal conductivity. Recent experimental works highlight that anomalous transport phenomena are evident in nanofluids that cannot be adequately described by classical conservation laws. We will extend these conservation laws to incorporate fractional operators to capture the fluid memory effects and the impact of particle clustering. Computational modelling and experimental investigations will be undertaken to identify the heat transfer mechanisms of various nanofluids. The outcomes of the work will increase knowledge on nanofluids and offer a significant opportunity to improve the efficiency of many thermal engineering systems.Read moreRead less
Optimising Engagement In Cardiac Secondary Prevention: A Health Literacy Approach
Funder
National Health and Medical Research Council
Funding Amount
$1,562,250.00
Summary
Many people struggle to maintain a healthy lifestyle after a heart attack. Health literacy is the ability to understand and use health information for better health, but little is known about its role in long-term behaviour change. This research will follow 408 people over 2 years to identify whether health literacy impacts upon lifestyle change after a heart attack. The study will also co-design interventions with consumers and clinicians that aim to improve people’s health literacy.