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
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
Extraction of Electronic Evidence from Telephone Conversations Carried by the Voice over Internet Protocol (VoIP). The national benefits of this project are that it meets the National Priority of Safeguarding Australia and the results of this project can serve as a major input into a current Australian Government and Defence initiatives in electronic evidence and intelligence collection. It will play a significant part in satisfying the Australian community that steps are being taken to develop ....Extraction of Electronic Evidence from Telephone Conversations Carried by the Voice over Internet Protocol (VoIP). The national benefits of this project are that it meets the National Priority of Safeguarding Australia and the results of this project can serve as a major input into a current Australian Government and Defence initiatives in electronic evidence and intelligence collection. It will play a significant part in satisfying the Australian community that steps are being taken to develop techniques for monitoring the criminal use of the Internet for communication and transfer of information. It will serve to develop niche Australian research expertise in this very specialized international field.Read moreRead less
Advanced Software Engineering Support for Intelligent Agent Systems. Software Agents are an important technology for developing the complex software systems that are increasingly required to meet the needs of society. A crucial obstacle to the widespread adoption of agent technology is the lack of an appropriate software engineering methodology. This project proposes to explore support for design processes addressing advanced issues in agent systems, such as goal-based requirements, debugging ....Advanced Software Engineering Support for Intelligent Agent Systems. Software Agents are an important technology for developing the complex software systems that are increasingly required to meet the needs of society. A crucial obstacle to the widespread adoption of agent technology is the lack of an appropriate software engineering methodology. This project proposes to explore support for design processes addressing advanced issues in agent systems, such as goal-based requirements, debugging using design artefacts, component-based design, and reuse. We will also extend the methodology to support teamwork and open systems. We will be building on successful work we have already done in establishing a basic agent oriented software design methodology.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
Developing a Scalable Infrastructure for Embedded E-Security Incorporating Cryptography and Biometric Authentication. A fundamental flaw in existing embedded e-security technologies is their cryptography-plus-PIN-number infrastructure. This has generated security concerns that have proved a major obstacle to the growth of e-commerce, presently a relatively poor 2% of market share. We aim to design a new infrastructure that can solve this security problem by incorporating cryptography and biomet ....Developing a Scalable Infrastructure for Embedded E-Security Incorporating Cryptography and Biometric Authentication. A fundamental flaw in existing embedded e-security technologies is their cryptography-plus-PIN-number infrastructure. This has generated security concerns that have proved a major obstacle to the growth of e-commerce, presently a relatively poor 2% of market share. We aim to design a new infrastructure that can solve this security problem by incorporating cryptography and biometric authentication into a computing resource limited embedded e-security system. The outcomes of this project will be a set of new cryptosystems, new biometrics processing schemes and new onboard resource allocation schemes that will form the basis for the next generation of embedded systems.Read moreRead less
The School: Designing a dynamic venue for the new knowledge environment. This project addresses a problem of real concern in relation to national and state government policies for promoting an innovation culture and economy. This project does this at the base level of schools by creating effective education learning environments that will encourage creative and innovative citizens of the future. This detailed examination of the collaborative design process and the day to day functioning of the p ....The School: Designing a dynamic venue for the new knowledge environment. This project addresses a problem of real concern in relation to national and state government policies for promoting an innovation culture and economy. This project does this at the base level of schools by creating effective education learning environments that will encourage creative and innovative citizens of the future. This detailed examination of the collaborative design process and the day to day functioning of the physical setting, including the use of smart technologies, focusing on stakeholder needs for 21st Century success, will assist in identifying the role of intelligent design in assisting a schools to deliver education for innovation.Read moreRead less