Towards a superannuation system fit for the future. Towards a superannuation system fit for the future. This project aims to develop a stochastic superannuation model and propose alternative post retirement solutions, using data-led understanding of savings habits. Funding for the increasing cost of the growing older population will, if not modelled, forecast and managed adequately, swamp all other welfare and state funded costs. To manage older age costs adequately, governments need to encourag ....Towards a superannuation system fit for the future. Towards a superannuation system fit for the future. This project aims to develop a stochastic superannuation model and propose alternative post retirement solutions, using data-led understanding of savings habits. Funding for the increasing cost of the growing older population will, if not modelled, forecast and managed adequately, swamp all other welfare and state funded costs. To manage older age costs adequately, governments need to encourage people to save and provide ways people can save—but need to better understand how people save money for their old age. This research is expected to enable the “superannuation change“ necessary for the superannuation system to remain sustainable and fund retirees to live well.Read moreRead less
Financing aged care in Australia: Mitigating fiscal gaps and maintaining intergenerational equity. Aged care has been identified as a significant contributor to the growing fiscal problems predicted for Australian government finances during the next 10 to 20 years. This project will develop the cutting-edge modelling tools needed to allow Australia to make informed decisions about possible reforms in aged care financing. It will create significant national benefits by allowing detailed assessmen ....Financing aged care in Australia: Mitigating fiscal gaps and maintaining intergenerational equity. Aged care has been identified as a significant contributor to the growing fiscal problems predicted for Australian government finances during the next 10 to 20 years. This project will develop the cutting-edge modelling tools needed to allow Australia to make informed decisions about possible reforms in aged care financing. It will create significant national benefits by allowing detailed assessment of the distributional impact of a wide range of possible reforms, including how the outcomes of any policy change will affect disadvantaged sections of our society, whether different generations will be fairly treated, and the impact by gender.Read moreRead less
Global Economic Consequences of Korean Re-unification. This research aims to model the economic implications of Korean re-unification and explore the spill-overs to key economies in the region, including Australia. The approach is understood to be first to develop a model for the existing North Korean economy in collaboration with South Korean researchers at Korea University. This model is intended to be embedded in an existing global economic model. The project aims to then explore scenarios of ....Global Economic Consequences of Korean Re-unification. This research aims to model the economic implications of Korean re-unification and explore the spill-overs to key economies in the region, including Australia. The approach is understood to be first to develop a model for the existing North Korean economy in collaboration with South Korean researchers at Korea University. This model is intended to be embedded in an existing global economic model. The project aims to then explore scenarios of integration between North and South Korea focusing on changing production structure, development in human capital formation, technology transfer, immigration flows within a unified Korea and the impact on trade and financial flows that may result from different scenarios of how unification will proceed.Read moreRead less
Predicting the ecological and economic outcomes of trade. This project aims to understand and predict the effects of global trade on land use and biodiversity.Growth in international trade increases trade-mediated land-use by increasing demand for commodities directly or indirectly derived from the land. Accurate predictions of trade effects and opportunities would allow governments to maximise ecological and economic benefits and minimise effects through judicious planning and regulation, but s ....Predicting the ecological and economic outcomes of trade. This project aims to understand and predict the effects of global trade on land use and biodiversity.Growth in international trade increases trade-mediated land-use by increasing demand for commodities directly or indirectly derived from the land. Accurate predictions of trade effects and opportunities would allow governments to maximise ecological and economic benefits and minimise effects through judicious planning and regulation, but such analyses do not exist. This project expects to advance trade policy evaluation by improving and integrating computable global equilibrium models and land-use and ecological models to better characterise consequences of trade.Read moreRead less
Nature futures: mapping pathways to prosperity for people and nature. Population growth, consumption and trade are direct socio-economic drivers of land use change and climate change, which determine where species can persist. The UN Sustainable Development Goals and national policies acknowledge the dependence of people on nature and the impact of socio-economic drivers on nature. However, few analyses of impacts on nature explicitly incorporate socio-economic drivers. Utilising a novel modelli ....Nature futures: mapping pathways to prosperity for people and nature. Population growth, consumption and trade are direct socio-economic drivers of land use change and climate change, which determine where species can persist. The UN Sustainable Development Goals and national policies acknowledge the dependence of people on nature and the impact of socio-economic drivers on nature. However, few analyses of impacts on nature explicitly incorporate socio-economic drivers. Utilising a novel modelling framework and high-performance computing we will integrate economic, land use and biodiversity models to evaluate: (i) policies and incentives for increasing national vegetation cover for carbon sequestration and habitat, and (ii) global risks to nature posed by land use change under future geopolitical scenarios.Read moreRead less
Modelling the lifetime social and economic impacts of fragile x syndrome and the benefits of early diagnosis and intervention. This project falls within the National Research Priority, promoting and maintaining good health, through a healthy start to life and strengthening of social and economic outcomes over the course of life. Fragile X is a group of associated genetic disorders affecting individuals across generations. It is the most common identifiable cause of inherited intellectual disabil ....Modelling the lifetime social and economic impacts of fragile x syndrome and the benefits of early diagnosis and intervention. This project falls within the National Research Priority, promoting and maintaining good health, through a healthy start to life and strengthening of social and economic outcomes over the course of life. Fragile X is a group of associated genetic disorders affecting individuals across generations. It is the most common identifiable cause of inherited intellectual disability. About 1 in 4000 males and 1 in 8000 females have Fragile X, but up to 1 in 250 females are carriers. For the first time in Australia, this study will reveal the social and economic impacts on the individual, on their family members who are often the lifelong carers, and on the Australian community, and show how these impacts may be minimised through early intervention.Read moreRead less
Econometric modelling of housing prices and their relationship to climate adaptation issues. The path to climate adaptation in urban communities is directly related to housing infrastructure. The project develops improved and new econometric methods for the prediction of property prices and their components, land and structure, and it will provide estimates of the interplay between flooding risk and property values.