The Importance of Being Politically Connected. The literature on the importance of political connections to firms and their value implications is scant. This project aims to develop a framework that depicts the interplay of political connections, institutional factors, corporate governance, media coverage and firm value. In particular, it investigates how political connections enhance the value of firms in China and how this changes as the market transitions.
Surviving financial crises: a study of the Australian Government securities market. This project assesses the capacity of the Australian Government securities market to meet investor demand in times of financial crises. The outcomes will provide governments in Australia and other countries with the necessary tools to enhance the efficiency of securities markets and to flag liquidity problems in a timely manner.
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
Banking System Competition and the Macro-economy. Australia has one of the most concentrated banking sectors in the world, generating concerns regarding its efficiency. This project aims to develop unified frameworks to understand and evaluate quantitatively how the structure of the banking industry affects the macro-economy and provide policy recommendations for establishing a healthy and efficient banking industry. This project expects to improve understanding of the welfare trade-off between ....Banking System Competition and the Macro-economy. Australia has one of the most concentrated banking sectors in the world, generating concerns regarding its efficiency. This project aims to develop unified frameworks to understand and evaluate quantitatively how the structure of the banking industry affects the macro-economy and provide policy recommendations for establishing a healthy and efficient banking industry. This project expects to improve understanding of the welfare trade-off between bank competition and economic well-being to enable policymakers to better determine the optimal concentration of banking sector in Australia. This will enhance the productivity and international competitiveness of Australia’s financial system and the broader economy.Read moreRead less
Quantifying Ethics-related Metrics for Transport Network Systems. This project aims to identify ethics-related metrics for improving the design of transport network services, and augment the social benefits of transport systems to relevant user groups. This project is anticipated to conceive, implement and validate new methodologies to solve challenging optimisation problems aiming at promoting ethics in transport systems via the provision of incentives to transport services providers. The outco ....Quantifying Ethics-related Metrics for Transport Network Systems. This project aims to identify ethics-related metrics for improving the design of transport network services, and augment the social benefits of transport systems to relevant user groups. This project is anticipated to conceive, implement and validate new methodologies to solve challenging optimisation problems aiming at promoting ethics in transport systems via the provision of incentives to transport services providers. The outcomes of this project are expected to support the emergence of ethical transport systems and to address fundamental societal and economical challenges induced by utility-driven transport services. This project will help in positioning Australia as a global leader in the field of ethical transport network systems.Read moreRead less
Credential Systems and Their Applications in Securing Electronic Health Records. The expected result of this project will be frontier technologies that are essential in applications and services, whose acceptance and take-up will depend on users' assurance of their security in the cyber world. In particular, a service such as the EHR system, which is known to be a complex system, requires the use of new and innovative credential-based systems. The result will also contribute to maintaining Austr ....Credential Systems and Their Applications in Securing Electronic Health Records. The expected result of this project will be frontier technologies that are essential in applications and services, whose acceptance and take-up will depend on users' assurance of their security in the cyber world. In particular, a service such as the EHR system, which is known to be a complex system, requires the use of new and innovative credential-based systems. The result will also contribute to maintaining Australia's leading position in the telecommunication and information technology industries, which has been recognised by increased government funding levels. The resulting applications of this project will place Australia as the first country able to design and implement a secure EHR system.Read moreRead less
Ageing in China and Australia: Promoting health, productivity and wellbeing. This project aims to provide insights into the ways in which life-span development and social change in China have influenced the development of policies to support the health, productivity and wellbeing of people entering later life. China’s population is rapidly ageing, bringing pressure on intergenerational support arising from smaller families, migration, urbanisation, and growing social inequalities. It may also br ....Ageing in China and Australia: Promoting health, productivity and wellbeing. This project aims to provide insights into the ways in which life-span development and social change in China have influenced the development of policies to support the health, productivity and wellbeing of people entering later life. China’s population is rapidly ageing, bringing pressure on intergenerational support arising from smaller families, migration, urbanisation, and growing social inequalities. It may also bring opportunities. Using an understanding of social determinants, cultural context and policy responses, the project plans to undertake cross-national comparisons with Australia and examine historical influences and social variations within China. The project aims to deliver a better understanding of how public policy can enhance productivity, health and wellbeing of an ageing population.Read moreRead less
Provable elimination of information leakage through timing channels. This project aims to develop techniques to solve the issue in information security of unauthorised information flow resulting from competition for shared hardware resources. The project will combine operating systems design, formal hardware models, information-flow reasoning and theorem proving to achieve a goal that is widely considered infeasible. The project is expected to result in a system that prevents leakage of critical ....Provable elimination of information leakage through timing channels. This project aims to develop techniques to solve the issue in information security of unauthorised information flow resulting from competition for shared hardware resources. The project will combine operating systems design, formal hardware models, information-flow reasoning and theorem proving to achieve a goal that is widely considered infeasible. The project is expected to result in a system that prevents leakage of critical information, such as encryption keys, through timing channels. This should prevent sophisticated attacks on public clouds, mobile devices and military-grade cross-domain devices.Read moreRead less
Incentivised strategic traffic assignment: bi-level transport optimisation. This project aims to advance the fundamental knowledge base and methodological modelling capacity related to traffic network assignment representing complex incentive structures such as network pricing, behavioural shift inducement, dynamic speed control and information-provision. Expected outcomes include new equilibrium formulations characterising traveller responses to, and interactions with, incentive structures whil ....Incentivised strategic traffic assignment: bi-level transport optimisation. This project aims to advance the fundamental knowledge base and methodological modelling capacity related to traffic network assignment representing complex incentive structures such as network pricing, behavioural shift inducement, dynamic speed control and information-provision. Expected outcomes include new equilibrium formulations characterising traveller responses to, and interactions with, incentive structures while maintaining complex stochastic adaptive behaviours from previous research, new network routing algorithms, and a novel bi-level optimisation approach for seeking optimal incentive policies. The project will provide a scientific basis for the quantified network evaluation of incentivisation strategies that will support enhanced transport planning thereby improving mobility across society.Read moreRead less
SenShaMart: A Trusted Internet of Things Marketplace for Sensor Sharing. This project aims to devise a novel Internet of Things (IoT) sensor sharing marketplace that permits IoT applications to discover, integrate, and pay for any IoT sensor data that is made available by other parties. The project will devise highly-scalable sensor classification, query processing, and transactions solutions and incorporate them in a pair of novel blockchains that work in tandem to securely manage all the infor ....SenShaMart: A Trusted Internet of Things Marketplace for Sensor Sharing. This project aims to devise a novel Internet of Things (IoT) sensor sharing marketplace that permits IoT applications to discover, integrate, and pay for any IoT sensor data that is made available by other parties. The project will devise highly-scalable sensor classification, query processing, and transactions solutions and incorporate them in a pair of novel blockchains that work in tandem to securely manage all the information and contracts needed by IoT applications to discover, integrate, pay, and use sensors provided by another parties. These IoT advancements will provide significant economic, environmental, and social benefits via making low-cost and immediate sensing available across the world.Read moreRead less