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
Using Mathematics to Maximize the Efficiency of Shared Infrastructure in Australia's Coal Export Supply Chain. Port Waratah Coal Services operates the world's largest coal export terminal, servicing about 14 coal mining companies in the Hunter Valley, NSW. It is responsible for around $15 billion in annual export income for Australia. The coal supply chain is a complex operation, hampered by bottlenecks in critical shared infrastructure. Such limitations are estimated to cost Australia about $2 ....Using Mathematics to Maximize the Efficiency of Shared Infrastructure in Australia's Coal Export Supply Chain. Port Waratah Coal Services operates the world's largest coal export terminal, servicing about 14 coal mining companies in the Hunter Valley, NSW. It is responsible for around $15 billion in annual export income for Australia. The coal supply chain is a complex operation, hampered by bottlenecks in critical shared infrastructure. Such limitations are estimated to cost Australia about $2 billion pa in lost sales. This project will support the design of new infrastructure and processes to ensure an efficient supply chain. The new science resulting will benefit other coal operations in Australia, and potentially other bulk goods supply chains.Read moreRead less
Thermo-mechanical interactive atlas of basin evolution. We propose to create a thermo-mechanical interactive atlas of basin evolution as a desktop geodynamic modelling resource for exploration geologists. The atlas will allow the user to iteratively run our 2D/3D basin modelling software ELLIPSIS to alter model parameters until they match observed basin geometries or thermal history. Model iteration will be based on interactive user evaluation of model outputs and genetic algorithms, which pr ....Thermo-mechanical interactive atlas of basin evolution. We propose to create a thermo-mechanical interactive atlas of basin evolution as a desktop geodynamic modelling resource for exploration geologists. The atlas will allow the user to iteratively run our 2D/3D basin modelling software ELLIPSIS to alter model parameters until they match observed basin geometries or thermal history. Model iteration will be based on interactive user evaluation of model outputs and genetic algorithms, which progressively modify the solution set by mimicking the evolutionary behavior of biological systems (selection, cross-over and mutation), until an acceptable result is achieved. The interactive atlas will be applied to Australian and international case studies.Read moreRead less
Multiscale engineering of durable absorber coatings for solar thermal power. This project aims to advance the long-term stability and efficiency of high-temperature absorber coatings for Concentrated Solar Power (CSP) plants. Solar energy is a vast and largely untapped resource in Australia. The project will design superior light absorbers and scalable and low-cost approaches for their fabrication. Optimal absorber properties will be achieved by multi-scale engineering of the coating composition ....Multiscale engineering of durable absorber coatings for solar thermal power. This project aims to advance the long-term stability and efficiency of high-temperature absorber coatings for Concentrated Solar Power (CSP) plants. Solar energy is a vast and largely untapped resource in Australia. The project will design superior light absorbers and scalable and low-cost approaches for their fabrication. Optimal absorber properties will be achieved by multi-scale engineering of the coating composition and micro-texturing via modelling of the light absorption and heat transport within these complex nanocomposite structures. The intended outcome of the project is a set of commercially competitive absorber coatings, with superior performance and durability, that support the development of CSP as a competitive technology for energy generation.Read moreRead less
Integrated Farm Modelling to Improve Resilience and Sustainable Prosperity. This project aims to improve farm resilience, farm management, and economic decision-making in Australia and internationally. It expects to generate new interdisciplinary knowledge to integrate our understanding of agro-ecosystems and innovative tools to assess their status and manage their operations more effectively. Expected outcomes include the ability to inform farmers, bankers, and land managers about the trade-off ....Integrated Farm Modelling to Improve Resilience and Sustainable Prosperity. This project aims to improve farm resilience, farm management, and economic decision-making in Australia and internationally. It expects to generate new interdisciplinary knowledge to integrate our understanding of agro-ecosystems and innovative tools to assess their status and manage their operations more effectively. Expected outcomes include the ability to inform farmers, bankers, and land managers about the trade-offs between resilience and efficiency on farms. This should provide significant benefits, including the ability to minimize financial risks to farmers and banks, allow better investment decisions, and achieve sustainable long-term outcomes for both private and public well-being.Read moreRead less
Optimising seasonal decisions for environmental water use. This project will develop a tool to optimise the use of environmental water, drawing on seasonal forecasts of streamflow and water price, and predicted ecological responses to changing flows. This tool will strengthen the effectiveness of the government organisations responsible for managing Australia's environmental water reserves.
Airports of the Future. This project will enhance the capabilities of Australian airport operators to design and manage complex airport systems. Research outcomes will enable the identification of patterns of behaviour and will provide tools to manage airport effectiveness and balance conflicting security, economic and passenger-driven pressures. Outcomes will improve productivity, enhance capabilities for critical infrastructure protection, and lessen the cost of mandated security, estimated t ....Airports of the Future. This project will enhance the capabilities of Australian airport operators to design and manage complex airport systems. Research outcomes will enable the identification of patterns of behaviour and will provide tools to manage airport effectiveness and balance conflicting security, economic and passenger-driven pressures. Outcomes will improve productivity, enhance capabilities for critical infrastructure protection, and lessen the cost of mandated security, estimated to grow to $152M by 2010 for the five major Australian airports. The deliverables of this project will be transferable to other complex socio-technical systems providing the potential to transform a range of Australian critical infrastructure and transportation hubs.Read moreRead less
Sewer Monitoring and Management in the Digital Era. Overflow, flooding, corrosion, and odorous emissions are persistent issues for utilities managing sewers. Current sewer maintenance is reactive, and focuses on solving problems in local networks, despite that optimal solutions require a system-wide approach. Capitalising on recent development in IoT sensors, wireless transmission, and machine learning, this multidisciplinary project aims to develop digital-twin supported data analytics for proa ....Sewer Monitoring and Management in the Digital Era. Overflow, flooding, corrosion, and odorous emissions are persistent issues for utilities managing sewers. Current sewer maintenance is reactive, and focuses on solving problems in local networks, despite that optimal solutions require a system-wide approach. Capitalising on recent development in IoT sensors, wireless transmission, and machine learning, this multidisciplinary project aims to develop digital-twin supported data analytics for proactive sewer management including network-wide real-time control. The project aims to generate significant social, environmental and economic benefits by enabling utilities to better protect public and environmental health, reduce sewer odour and greenhouse gas emissions, and extend sewer asset life.Read moreRead less
A novel physical-digital approach for the assessing a large critical asset. This project aims to deliver an artificial intelligence-enabled decision-making tool to maintain and manage the floating covers of vast lagoons that treat raw sewage. The cover harvests the biogas released from the anaerobic digestion of sewage for electric power generation that exceeds the plant’s requirement. The approach involves an innovative thermographic technique and exploits transfer learning to adapt neural netw ....A novel physical-digital approach for the assessing a large critical asset. This project aims to deliver an artificial intelligence-enabled decision-making tool to maintain and manage the floating covers of vast lagoons that treat raw sewage. The cover harvests the biogas released from the anaerobic digestion of sewage for electric power generation that exceeds the plant’s requirement. The approach involves an innovative thermographic technique and exploits transfer learning to adapt neural networks trained on lab-scale and synthetic data to field implementation. The outcome is a machine learning framework to optimise biogas harvesting and renewable energy generation, and to avoid structural failure, that is capable of continuous improvement to take into account improved data and/or modelling capabilities.Read moreRead less