Extreme Value Theory Approaches to Insurance in a Catastrophic Environment. Recent decades are marked by numerous significant natural (climate change) or man-made (financial crises) catastrophes, which have significantly altered the landscape of the insurance industry. These have potentially significant negative impacts on the availability and affordability of insurance, and hence on the capability and capacity of households and businesses to take risks and be competitive. This project endeavour ....Extreme Value Theory Approaches to Insurance in a Catastrophic Environment. Recent decades are marked by numerous significant natural (climate change) or man-made (financial crises) catastrophes, which have significantly altered the landscape of the insurance industry. These have potentially significant negative impacts on the availability and affordability of insurance, and hence on the capability and capacity of households and businesses to take risks and be competitive. This project endeavours to establish progressive approaches (using extreme value theory) to the challenges faced by insurance in such a catastrophic environment. They will enhance the financial stability and competitivity of the Australian economy, and further establish its global leadership in dealing with climate changes and catastrophes.Read moreRead less
Quantitative Analysis of Systemic Risk in Insurance. This project aims to achieve a contemporary and comprehensive quantitative analysis of systemic risk in insurance. The significance lies in narrowing the gap between the studies of systemic risk in banking and insurance. Expected outcomes include the construction of insurance/reinsurance networks to formalise systemic risk, the analysis of the role of network integration, and the development of pricing frameworks to entail a systemic risk prem ....Quantitative Analysis of Systemic Risk in Insurance. This project aims to achieve a contemporary and comprehensive quantitative analysis of systemic risk in insurance. The significance lies in narrowing the gap between the studies of systemic risk in banking and insurance. Expected outcomes include the construction of insurance/reinsurance networks to formalise systemic risk, the analysis of the role of network integration, and the development of pricing frameworks to entail a systemic risk premium. The project will benefit insurers and regulators by providing a forward-looking approach to monitoring and assessing insurance risk during a systemic crisis. These important original contributions to insurance risk management will help establish Australia’s global leadership in systemic risk.Read moreRead less
Forecasting and Financing Healthy Ageing and Aged Care in Australia. This project aims to quantify future risks of chronic illness and functional disability in retirement, proposing financing strategies aimed at enhancing healthy ageing, lifestyle quality and aged care provisions. The project devotes to devising a framework integrating government and private sector participation in funding health costs which increase significantly in older ages. The expected outcome includes sustainable retireme ....Forecasting and Financing Healthy Ageing and Aged Care in Australia. This project aims to quantify future risks of chronic illness and functional disability in retirement, proposing financing strategies aimed at enhancing healthy ageing, lifestyle quality and aged care provisions. The project devotes to devising a framework integrating government and private sector participation in funding health costs which increase significantly in older ages. The expected outcome includes sustainable retirement income scenarios for easing fiscal pressure from social initiatives such as age pension and aged care financing at the same time improving living standards for seniors. The project expects to place Australia at the forefront of research on sustainable solutions to financial challenges facing retirees.Read moreRead less
Nanoengineered, Encapsulated Catalysts from Fly Ash Waste. This project aims to deliver advanced catalysts and novel catalyst synthesis methods from the use of iron-rich fly ash, an otherwise abundant valueless waste with projected steady growth across Australia and globally. The as-synthesised catalysts are expected to be applicable to and exhibit excellent activity in the production of green hydrogen and renewable bio-fuels from lignocellulosic waste. These efforts are significant and benefici ....Nanoengineered, Encapsulated Catalysts from Fly Ash Waste. This project aims to deliver advanced catalysts and novel catalyst synthesis methods from the use of iron-rich fly ash, an otherwise abundant valueless waste with projected steady growth across Australia and globally. The as-synthesised catalysts are expected to be applicable to and exhibit excellent activity in the production of green hydrogen and renewable bio-fuels from lignocellulosic waste. These efforts are significant and beneficial in restoring the manufacturing capability of Australian industry, driving Australian industry towards the development of a circular economy for the appropriate management of solid waste, as well as for a seamless introduction of renewable and clean energy sources to address the pressing climate change.Read moreRead less
Chemicals in compostable food contact paper packaging materials. The aim of this project is to understand the presence of persistent chemicals in recyclable and compostable food contact materials (FCMs). These types of products are destined for recycling or biowaste streams that bridge the gap from take-make-dispose and into a circular economy. Currently, the knowledge of the chemicals in these products is limited but we need to ensure that they are safe and do not unnecessarily contaminate reso ....Chemicals in compostable food contact paper packaging materials. The aim of this project is to understand the presence of persistent chemicals in recyclable and compostable food contact materials (FCMs). These types of products are destined for recycling or biowaste streams that bridge the gap from take-make-dispose and into a circular economy. Currently, the knowledge of the chemicals in these products is limited but we need to ensure that they are safe and do not unnecessarily contaminate resource recovery streams. It is expected that this project will develop a framework that could be used by industry and government to prevent chemicals of concern persisting in a circular economy, providing environmental and economic benefits through reduced risk of chemical exposure and unnecessary remediation costs.Read moreRead less
Upcycling of mixed plastics from bioprocessed municipal solid waste. This project aims to develop a scalable catalytic process that can sustainably upcycle mixed plastics from bioprocessed municipal solid waste into hydrogen and valuable carbon nanotube products. The process will integrate pyrolysis, reforming, and carbon growth technology into a single reactor, enabled by the rational design of multifunctional catalysts. Through computational process simulation and optimization, life cycle anal ....Upcycling of mixed plastics from bioprocessed municipal solid waste. This project aims to develop a scalable catalytic process that can sustainably upcycle mixed plastics from bioprocessed municipal solid waste into hydrogen and valuable carbon nanotube products. The process will integrate pyrolysis, reforming, and carbon growth technology into a single reactor, enabled by the rational design of multifunctional catalysts. Through computational process simulation and optimization, life cycle analysis, and techno-economic assessment, investment and operational costs at larger scale are anticipated to be greatly reduced. By mitigating mixed waste plastics from going to landfills, the project will also provide significant benefits to clean energy production and advanced material manufacturing in Australia. Read moreRead less
Industrial Transformation Research Hubs - Grant ID: IH230100011
Funder
Australian Research Council
Funding Amount
$4,955,854.00
Summary
ARC Research Hub for Value-Added Processing of Underutilised Carbon Waste. This Hub aims to advance upcycling technologies and associated regulatory and social engagement for processing underutilised carbon waste within Australia. Its anticipated goal is to deliver value-added products, and improved technology readiness levels for full exploitation of carbon wastes from agriculture, tyres and plastics. It will also train a large talent pool providing interdisciplinary knowledge and entrepreneuri ....ARC Research Hub for Value-Added Processing of Underutilised Carbon Waste. This Hub aims to advance upcycling technologies and associated regulatory and social engagement for processing underutilised carbon waste within Australia. Its anticipated goal is to deliver value-added products, and improved technology readiness levels for full exploitation of carbon wastes from agriculture, tyres and plastics. It will also train a large talent pool providing interdisciplinary knowledge and entrepreneurial skills for post-hub commercialisation. The Hub will benefit rural Australia by transforming local job markets and manufacturing capability. Ultimately, this Hub will make a significant contribution towards achieving Australia’s National Waste Action Plan goal by 2030, and a circular economy for a sustainable future. Read moreRead less
Reaching for tax breaks: Household financial decisions and tax policy. The project aims to investigate how two tax incentives – franking credits and negative gearing of investments – impact individual taxpayer risk-taking behaviour, voluntary savings and retirement outcomes. The project will develop a new measure of tax efficiency based on if, and how, individuals take advantage of franking credits and negative gearing. It will identify what factors drive the use of franking credits and negativ ....Reaching for tax breaks: Household financial decisions and tax policy. The project aims to investigate how two tax incentives – franking credits and negative gearing of investments – impact individual taxpayer risk-taking behaviour, voluntary savings and retirement outcomes. The project will develop a new measure of tax efficiency based on if, and how, individuals take advantage of franking credits and negative gearing. It will identify what factors drive the use of franking credits and negative gearing and whether their use is associated with better retirement outcomes. The findings of the project will potentially lead to an improvement in individuals’ financial literacy, retirement outcomes and reduce reliance on the aged pension.Read moreRead less