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
Protecting Australia’s brand assets and stakeholder interests. International accounting standards have recently been harmonised to allow firms to recognise the value of purchased brands on their balance sheets, subject to an annual test to verify that value has not been impaired. There are no widely accepted methodologies with which to undertake such tests, despite the requirement for the balance sheet to provide a true and fair view of financial position. This research will develop three approa ....Protecting Australia’s brand assets and stakeholder interests. International accounting standards have recently been harmonised to allow firms to recognise the value of purchased brands on their balance sheets, subject to an annual test to verify that value has not been impaired. There are no widely accepted methodologies with which to undertake such tests, despite the requirement for the balance sheet to provide a true and fair view of financial position. This research will develop three approaches to calibrate brand impairment and draw lessons from applying them over a three year period. The outputs are twofold: first, a suite of detailed methods for accountants, auditors and financial analysts to measure and diagnose brand value; second, several key indicators that can be used to monitor signs of brand impairment.Read moreRead less
Sustainable development of Aboriginal-owned small to medium tourism enterprises (SMTEs) in the Bundjalung Nation. This project will identify the factors that facilitate the sustainable development of Aboriginal owned small to medium tourism enterprises (SMTEs) in the Bundjalung Nation. Barriers preventing the sustainability of businesses will also be identified. There currently is a paucity of data and, therefore a poor level of knowledge, about the factors that contribute to the successful oper ....Sustainable development of Aboriginal-owned small to medium tourism enterprises (SMTEs) in the Bundjalung Nation. This project will identify the factors that facilitate the sustainable development of Aboriginal owned small to medium tourism enterprises (SMTEs) in the Bundjalung Nation. Barriers preventing the sustainability of businesses will also be identified. There currently is a paucity of data and, therefore a poor level of knowledge, about the factors that contribute to the successful operations of SMTEs. Consequently, there has been a high failure rate of Aboriginal tourism enterprises. This project will help overcome the failure rates amongst Aboriginal and non-Aboriginal SMTEs by increasing the expertise available to Aboriginal SMTEs.Read moreRead less
Dynamic relations between values and consumer behaviour: age and life-stage. This project aims to understand the complex relations between people’s life goals and their consumption behaviour, exploring age, life-stage and cohort effects. The intended outcomes of the project include a state-of-the-art interactive values-based website, basic knowledge about Australian values, values change and value-related behaviour, and business insight into value-based marketing. This project aims to apply the ....Dynamic relations between values and consumer behaviour: age and life-stage. This project aims to understand the complex relations between people’s life goals and their consumption behaviour, exploring age, life-stage and cohort effects. The intended outcomes of the project include a state-of-the-art interactive values-based website, basic knowledge about Australian values, values change and value-related behaviour, and business insight into value-based marketing. This project aims to apply the knowledge gained from a large scale study into Australian values and value change across the adult life-span in order to understand how people’s values influence their consumer and other decisions; providing information that will enable Australian organisations to improve their marketing activities and the nature of their promotional appeals.Read moreRead less
Human Capital, Cognitive Skills and Labour Market Outcomes. As Australia competes in the ‘educational race,’ this project will generate new knowledge on the relationship between education, skill attainment and economic outcomes in Australia. The research will provide new empirical evidence on cognitive and non-cognitive skills formation over the life-cycle, and the relationship between these skills and labour market outcomes in Australia within the broader international context. The research wil ....Human Capital, Cognitive Skills and Labour Market Outcomes. As Australia competes in the ‘educational race,’ this project will generate new knowledge on the relationship between education, skill attainment and economic outcomes in Australia. The research will provide new empirical evidence on cognitive and non-cognitive skills formation over the life-cycle, and the relationship between these skills and labour market outcomes in Australia within the broader international context. The research will advance methodological techniques for the economic analysis of cognitive skills and their economic impacts. The research will inform public policy formulation relating to educational attainment, skill development, and strategies to encourage longer workforce engagement over the life-cycle.Read moreRead less
The Impact of Hiring and Firing Costs on Wages and Unemployment. Hiring and firing costs are a crucial part of intense debates over relationships between labour market flexibility, wages and unemployment. However, we have little information about their levels and structure. Using a new theoretical model of the impact of hiring and firing costs, together with information from a large-scale survey of Australian firms, this project quantifies their impacts on wages and unemployment. Better infor ....The Impact of Hiring and Firing Costs on Wages and Unemployment. Hiring and firing costs are a crucial part of intense debates over relationships between labour market flexibility, wages and unemployment. However, we have little information about their levels and structure. Using a new theoretical model of the impact of hiring and firing costs, together with information from a large-scale survey of Australian firms, this project quantifies their impacts on wages and unemployment. Better information about these impacts will contribute to current policy on training, unfair dismissal laws, and regulation of overtime. Efficiency gains from better policy will be a major national benefit, together with improved prospects for unemployed Australians.Read moreRead less
Reinventing rural places? The extent and impact of festivals as regeneration strategies. This research addresses the important problem of rural decline in Australia. The project will make available new knowledge on innovation in rural places. Benefits will accrue to specific communities from insights on the possibilities and limitations of renewal through festivals. Tourism promoters and regional development policy makers will be able to make use of the online database of rural festivals. Nation ....Reinventing rural places? The extent and impact of festivals as regeneration strategies. This research addresses the important problem of rural decline in Australia. The project will make available new knowledge on innovation in rural places. Benefits will accrue to specific communities from insights on the possibilities and limitations of renewal through festivals. Tourism promoters and regional development policy makers will be able to make use of the online database of rural festivals. National benefits include greater understanding of the significance of festivals. Research will empower rural communities and advance theory on rural restructuring, post-productivism and the reciprocal relationship between place and identities. In these ways, the project seeks to strengthen the social and economic fabric of rural Australia. Read moreRead less
Seasonal adjustment using disaggregated short time span data. Seasonally adjusted economic and social times series are vital information used by governments and businesses in decision making. This project will develop statistical methods to estimate and remove seasonal factors from economic and social time series using finely disaggregated data for a relatively small number of time periods. This will enable better and quicker estimation of seasonal factors when new series are introduced or there ....Seasonal adjustment using disaggregated short time span data. Seasonally adjusted economic and social times series are vital information used by governments and businesses in decision making. This project will develop statistical methods to estimate and remove seasonal factors from economic and social time series using finely disaggregated data for a relatively small number of time periods. This will enable better and quicker estimation of seasonal factors when new series are introduced or there a major changes to existing series, improving the analysis of such series and the decisions based on them.Read moreRead less
Choice and Classification in complex and adversarial environments. Any policy must take account of individuals' incentives to strategically manipulate. Mechanism Design is an area of economic theory that addresses precisely this. In its theoretical development however, it overlooks practical constraints for monitoring behavior. For instance, for fraud detection and credit scoring, automated statistical machine learning models discussed in computer science (CS) are used. Here, we constrain ....Choice and Classification in complex and adversarial environments. Any policy must take account of individuals' incentives to strategically manipulate. Mechanism Design is an area of economic theory that addresses precisely this. In its theoretical development however, it overlooks practical constraints for monitoring behavior. For instance, for fraud detection and credit scoring, automated statistical machine learning models discussed in computer science (CS) are used. Here, we constrain monitoring strategies to be such algorithms and address the monitoring of a population of individuals or a similarly constrained large adversary. Notable cross disciplinary implications exist forRead moreRead less