Linkage Infrastructure, Equipment And Facilities - Grant ID: LE240100131
Funder
Australian Research Council
Funding Amount
$539,000.00
Summary
Federated Omniverse Facilities for Smart Digital Futures. A world-first trans-disciplinary, -domain, and -institutional smart 3D omniverse R&D ecosystem AuVerse will be built in NSW, affiliated with Queensland, and accessible to academia and industry. AuVerse will support cloud-based, reality-virtuality-fused, immersive, interactive and secure future-oriented digital design, development, training and society. In the new era of digital innovation and paradigm shift, AuVerse will substantially boo ....Federated Omniverse Facilities for Smart Digital Futures. A world-first trans-disciplinary, -domain, and -institutional smart 3D omniverse R&D ecosystem AuVerse will be built in NSW, affiliated with Queensland, and accessible to academia and industry. AuVerse will support cloud-based, reality-virtuality-fused, immersive, interactive and secure future-oriented digital design, development, training and society. In the new era of digital innovation and paradigm shift, AuVerse will substantially boost Australia’s pivotal research leadership and business competitiveness in nurturing new-generation, collaborative and transformative digital R&D and talent pipeline. It will enable large-scale strategic business innovation and transformation including smart manufacturing and Industry 4.0.Read moreRead less
Towards Generalisable and Unbiased Dynamic Recommender Systems. This project aims to develop the foundations, including models, methodology, and algorithms for building generalisable and unbiased dynamic recommender systems to facilitate intelligent decision-making, prompt contextualised and personalised strategic plans, and support context-aware action recourse. To ensure that fundamental principles, such as fairness and transparency, are respected, a set of algorithms and techniques are propos ....Towards Generalisable and Unbiased Dynamic Recommender Systems. This project aims to develop the foundations, including models, methodology, and algorithms for building generalisable and unbiased dynamic recommender systems to facilitate intelligent decision-making, prompt contextualised and personalised strategic plans, and support context-aware action recourse. To ensure that fundamental principles, such as fairness and transparency, are respected, a set of algorithms and techniques are proposed to develop recommender systems in a more responsible manner. The result of this project will not only maintain Australia's leadership in this frontier research area, but also serve as an excellent vehicle for the education and training of Australia's next generation of scholars and engineers.Read moreRead less
Uncertainty, Risk and Related Concepts in Machine Learning. Machine learning is the science of making sense of data. It does not and cannot remove all risk and uncertainty. This project proposes to study the foundations of how machine learning uses, represents and communicates risk and uncertainty. It aims to do so by finding new theoretical connections between diverse notions that have arisen in allied disciplines. These include risk, uncertainty, scoring rules and loss functions, divergences, ....Uncertainty, Risk and Related Concepts in Machine Learning. Machine learning is the science of making sense of data. It does not and cannot remove all risk and uncertainty. This project proposes to study the foundations of how machine learning uses, represents and communicates risk and uncertainty. It aims to do so by finding new theoretical connections between diverse notions that have arisen in allied disciplines. These include risk, uncertainty, scoring rules and loss functions, divergences, statistics and different ways of aggregating information. By building a more complete theoretical map it is expected that new machine learning methods will be developed, but more importantly that machine learning will be able to be better integrated into larger socio-technical systems.Read moreRead less
Feature Learning for High-dimensional Functional Time Series. This project aims to develop new methods and theories for common features on high-dimensional functional time series observed in empirical applications. The significance includes addressing a key gap in adaptive and efficient feature learning, improving forecasting accuracy and understanding forecasting-driven factors comprehensively for empirical data. Expected outcomes involve advances in big data theory and easy-to-implement algori ....Feature Learning for High-dimensional Functional Time Series. This project aims to develop new methods and theories for common features on high-dimensional functional time series observed in empirical applications. The significance includes addressing a key gap in adaptive and efficient feature learning, improving forecasting accuracy and understanding forecasting-driven factors comprehensively for empirical data. Expected outcomes involve advances in big data theory and easy-to-implement algorithms for applied researchers. This project benefits not only advanced manufacturing by finding optimal stopping time for wood panel compression, but also superior forecasting for mortality in demography, climate data in environmental science, asset returns in finance, and electricity consumption in economics. Read moreRead less
Regional Comparisons of Prices, Income and Growth in Australia. We will measure how much the cost of living and rates of inflation differ across the eight capital cities in Australia, and then test whether real per capita income levels across cities are converging or diverging over time. To make such comparisons, the ABS's databases on each capital city must first be harmonized. While doing this we will review the ABS's current procedures for data construction and quality assessment. A further a ....Regional Comparisons of Prices, Income and Growth in Australia. We will measure how much the cost of living and rates of inflation differ across the eight capital cities in Australia, and then test whether real per capita income levels across cities are converging or diverging over time. To make such comparisons, the ABS's databases on each capital city must first be harmonized. While doing this we will review the ABS's current procedures for data construction and quality assessment. A further aim is to show how statistical modelling using spanning-tree methods can resolve the conflict that arises for price indexes constructed on panel data sets between temporal and spatial consistency.Read moreRead less
New methods for small group analysis from sample surveys. National and state averages of statistics on issues such as unemployment, salinity, drought impact, and health often hide large differences between population sub-groups and between small areas. This local variation needs to be understood so that effective policies can be developed and carried out efficiently and their impact monitored. This project will provide, for the first time, robust and efficient methods for providing information o ....New methods for small group analysis from sample surveys. National and state averages of statistics on issues such as unemployment, salinity, drought impact, and health often hide large differences between population sub-groups and between small areas. This local variation needs to be understood so that effective policies can be developed and carried out efficiently and their impact monitored. This project will provide, for the first time, robust and efficient methods for providing information on these variations using data from large-scale national and state surveys. This will lead to significant improvements in the data available for small population groups and small areas, allowing better targeting of policies aimed at addressing local differences.Read moreRead less
Handling Missing Data in Complex Household Surveys. The Australian Bureau of Statistics (ABS) has an extensive program of household surveys that is a key source of information on the social and economic conditions of the population. They provide statistics and data on a large range of social and economic topics, such as health, education, the labour force, income and expenditure. Analysis of household survey data by a variety of organisations underpins policy development and evaluation and the e ....Handling Missing Data in Complex Household Surveys. The Australian Bureau of Statistics (ABS) has an extensive program of household surveys that is a key source of information on the social and economic conditions of the population. They provide statistics and data on a large range of social and economic topics, such as health, education, the labour force, income and expenditure. Analysis of household survey data by a variety of organisations underpins policy development and evaluation and the expenditure of billions of dollars. This project will substantially improve the cost-efficiency and reliability of Australian household survey data, by creating new approaches for handling missing data that deal with the realities of typical household surveys.Read moreRead less
Privacy-preserving cloud data mining-as-a-service. This project aims to explore practical privacy-preserving solutions for cloud data mining-as-a-service based on the Intel Software Guard Extensions (SGX) technology. The research addresses privacy concerns of users when outsourcing data mining needs to the cloud. These concerns have increased as more businesses evaluate data mining-as-an outsourced service due to lack of expertise or computation resources. The expected outcomes from the research ....Privacy-preserving cloud data mining-as-a-service. This project aims to explore practical privacy-preserving solutions for cloud data mining-as-a-service based on the Intel Software Guard Extensions (SGX) technology. The research addresses privacy concerns of users when outsourcing data mining needs to the cloud. These concerns have increased as more businesses evaluate data mining-as-an outsourced service due to lack of expertise or computation resources. The expected outcomes from the research will include new data privacy models, new privacy-preserving data mining algorithms, and a prototype of cloud data mining software. These will help businesses cut costs for data mining and privacy protection, and provide significant benefits toward helping Australia achieve its national cyber security strategy and potentially provide economic impact from commercialisation of new software technology for the industry partner.Read moreRead less
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