Expenditure needs and drawdown of retirement savings during later life: how important are demographic factors and financial resources? Projections of expenditure patterns in retirement which allow for population heterogeneity will provide individuals with a better appreciation of their income needs and their savings requirements for a comfortable retirement. It will also enable financial institutions to develop products which better target retirees' needs over the course of retirement, and in ad ....Expenditure needs and drawdown of retirement savings during later life: how important are demographic factors and financial resources? Projections of expenditure patterns in retirement which allow for population heterogeneity will provide individuals with a better appreciation of their income needs and their savings requirements for a comfortable retirement. It will also enable financial institutions to develop products which better target retirees' needs over the course of retirement, and in addition it will enable improved assessment of aspects of Government income support policy. Specifically, understanding the complex interactions between private and public pensions, and concession card receipt upon expenditure behaviour, will enable more accurate costings of the public support of elderly families as Australia's population ages. Read moreRead less
Modelling interactions of spray droplets with plants. This project addresses the National Research Priority of an environmentally sustainable Australia by developing sophisticated mathematical models and interactive software that will identify environmentally friendlier technologies to efficiently deliver agrichemicals while minimising large scale water usage. National benefits will accrue from the provision for postdoctoral, PhD and IT staff training, while direct links with industry will provi ....Modelling interactions of spray droplets with plants. This project addresses the National Research Priority of an environmentally sustainable Australia by developing sophisticated mathematical models and interactive software that will identify environmentally friendlier technologies to efficiently deliver agrichemicals while minimising large scale water usage. National benefits will accrue from the provision for postdoctoral, PhD and IT staff training, while direct links with industry will provide technology transfer to end-users to ensure community uptake. The project will benefit rural and regional communities by providing long-term solutions in the areas of water use and quality, pesticide pollution reduction, and improved environment and human health care.Read moreRead less