A History of Foreign Multinational Enterprises in Australia from Federation. We aim to deliver the first history of foreign multinational firms in twentieth-century Australia, connecting to, and enhancing, a rich overseas literature on global business. Foreign corporations have played a critical but poorly understood role here with public and policy opinions polarised between approval for new investment, job creation and innovation against concern for their impact on tax revenue, competition, an ....A History of Foreign Multinational Enterprises in Australia from Federation. We aim to deliver the first history of foreign multinational firms in twentieth-century Australia, connecting to, and enhancing, a rich overseas literature on global business. Foreign corporations have played a critical but poorly understood role here with public and policy opinions polarised between approval for new investment, job creation and innovation against concern for their impact on tax revenue, competition, and economic policy. Through a closer, long term understanding of multinationals – their magnitude, motives to settle here, corporate structures, and adaptation to local conditions – our findings will inform public debate and policy about the roles of foreign investment and foreign enterprises in the Australian economy today.Read moreRead less
Modelling the Quality of Hospital Care in Australia. It is estimated that substandard quality of hospital care causes around 4,500 deaths and 12,500 cases of permanent disability per year. Results from the study will support the implementation of quality control programs to help prevent unnecessary harm to patients, improve the quality of hospital care, and more generally, promote the objectives of the Australian health care system. The envisaged outcomes advance national research priorities by ....Modelling the Quality of Hospital Care in Australia. It is estimated that substandard quality of hospital care causes around 4,500 deaths and 12,500 cases of permanent disability per year. Results from the study will support the implementation of quality control programs to help prevent unnecessary harm to patients, improve the quality of hospital care, and more generally, promote the objectives of the Australian health care system. The envisaged outcomes advance national research priorities by improving health care provided to children and the elderly. The Fellowship will help alleviate the shortage of health economists in Australia by improving my own skills and supporting me to train junior staff.Read moreRead less
Survival of Australia's Family Farms: Capital Raising and Credit Access. Family-run farms are an integral part of rural Australia. Given the evolving global financial crisis and the expanding complexity of managing a family farm in Australia due to increasing competition from large incorporated holdings and overseas producers, a persisting drought, rising climate variability, and constraining carbon markets, one critical issue for the sustainability of family farms is their ability to access an ....Survival of Australia's Family Farms: Capital Raising and Credit Access. Family-run farms are an integral part of rural Australia. Given the evolving global financial crisis and the expanding complexity of managing a family farm in Australia due to increasing competition from large incorporated holdings and overseas producers, a persisting drought, rising climate variability, and constraining carbon markets, one critical issue for the sustainability of family farms is their ability to access and manage successfully competitive sources of credit. This study examines the extent to which family farms are currently at a disadvantage, and what policies could be implemented to ensure their sustainability into the future via access to competitive lines of credit and appropriate financial management practices.Read moreRead less
Designing Weather Derivatives and Yield Index Contracts for Rural Australia. This project addresses the security of communities in rural areas. Successful risk management based on weather derivatives and yield index contracts will stabilise the income of rural industries and improve the financial viability of rural communities. It will allow systemic risks from climate change to be reinsured with financial institutions, maintain some of Australia's most important export industries and help maint ....Designing Weather Derivatives and Yield Index Contracts for Rural Australia. This project addresses the security of communities in rural areas. Successful risk management based on weather derivatives and yield index contracts will stabilise the income of rural industries and improve the financial viability of rural communities. It will allow systemic risks from climate change to be reinsured with financial institutions, maintain some of Australia's most important export industries and help maintain leadership in climate risk research. It will use state of the art methods to derive and estimate nonlinear yield indexes, and develop new option pricing methods to value the premium that farmers should pay for a yield index contract. Finally it will evaluate the likely adoption by farmers using nonlinear portfolio theory.Read moreRead less