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
Atomistic Mechanisms of Stress Relaxation in Amorphous Materials. Amorphous materials represent a major thrust in the search for new materials. Metallic glasses have very high strength and can be cast to much finer tolerances than regular (polycrystalline) metals. Ceramic glasses are finding increasing applications in data storage, photoelectronics and fibre optics. The greatest obstacle to the application of amorphous solids is their brittleness. The goal of this project is to use accurate comp ....Atomistic Mechanisms of Stress Relaxation in Amorphous Materials. Amorphous materials represent a major thrust in the search for new materials. Metallic glasses have very high strength and can be cast to much finer tolerances than regular (polycrystalline) metals. Ceramic glasses are finding increasing applications in data storage, photoelectronics and fibre optics. The greatest obstacle to the application of amorphous solids is their brittleness. The goal of this project is to use accurate computer simulations to provide detailed pictures of how atomic motions relax stress in very different types of glasses and, through this insight, explore ways of modifying the mechanical properties of these materials.Read moreRead less
Fluctuation Effects in Non-Crystallising Liquids. Understanding the behaviour of liquids colder than their freezing temperature is important in areas as diverse as metal alloy preparation, prevention of cell damage in plants and animals at low temperatures, extending the working temperature range of new high voltage automotive batteries and controlling drug delivery in pharmaceuticals. Advances in these areas would represent important new manufacturing opportunities in industries already establi ....Fluctuation Effects in Non-Crystallising Liquids. Understanding the behaviour of liquids colder than their freezing temperature is important in areas as diverse as metal alloy preparation, prevention of cell damage in plants and animals at low temperatures, extending the working temperature range of new high voltage automotive batteries and controlling drug delivery in pharmaceuticals. Advances in these areas would represent important new manufacturing opportunities in industries already established in Australia. In this project the fundamental physical chemistry of supercooled liquids is developed and applied to a number of these technological challenges.Read moreRead less
Unifying Modern Approaches in Machine Learning. The proposed research will lead to better algorithms for some important machine learning problems that could lead to better tools for extracting useful knowledge from data such as in bioinformatics and sensor networks; it will strengthen an international collaboration with one of the world's top centres of machine learning research; it will contribute to an open source toolkit of machine learning algorithms which will put Australia on the map as a ....Unifying Modern Approaches in Machine Learning. The proposed research will lead to better algorithms for some important machine learning problems that could lead to better tools for extracting useful knowledge from data such as in bioinformatics and sensor networks; it will strengthen an international collaboration with one of the world's top centres of machine learning research; it will contribute to an open source toolkit of machine learning algorithms which will put Australia on the map as a provider of sophisticated machine learning software; it will provide training opportunities for several PhD students and a postdoc to work with some of the best machine learning researchers in the world.Read moreRead less
Improving optical data storage and micromachining technology through better modelling and characterisation of their laser beams. The laser sources generally do not have simple (Gaussian) distributions. The applicant has recently developed a model, describing free propagation of complex (non-Gaussian) laser beams. This project seeks to develop a comprehending model for laser beams propagation through complex optical systems. The effects of various optical elements will be defined employing a no ....Improving optical data storage and micromachining technology through better modelling and characterisation of their laser beams. The laser sources generally do not have simple (Gaussian) distributions. The applicant has recently developed a model, describing free propagation of complex (non-Gaussian) laser beams. This project seeks to develop a comprehending model for laser beams propagation through complex optical systems. The effects of various optical elements will be defined employing a novel method known as SAFE (Stable Aggregate of Flexible Elements) which is a compromise between geometrical and physical optics. Applying this model to micromachining and optical data storage (ODS), which need high beam quality (low divergence and good focussibility), enable accurate predictive capability critical to the optimisation of micromachining and ODS designs.Read moreRead less
The Genie in the Bottle:Science, Politics and Diplomacy in Australia's Engagement with Chemical and Biological Weapons, 1915-1995. The threat of chemical and biological weapons (CBW) is attracting increasing attention worldwide. Australia's engagement with the CBW began during the First World War. Since then, Australia has been influential in promoting CBW control regimes. However, this experience has raised many questions. This project explores Australia's historical and current response to ....The Genie in the Bottle:Science, Politics and Diplomacy in Australia's Engagement with Chemical and Biological Weapons, 1915-1995. The threat of chemical and biological weapons (CBW) is attracting increasing attention worldwide. Australia's engagement with the CBW began during the First World War. Since then, Australia has been influential in promoting CBW control regimes. However, this experience has raised many questions. This project explores Australia's historical and current response to the central issues of CBW. Using archival and contemporary sources, it analyses the interplay between science, politics and diplomacy. Combining history and political science, it assesses the implications of recent developments in CBW for Australia's role in preventing the proliferation of weapons of mass destruction.Read moreRead less
The Characterisation of Fires in Tunnels. A series of 22 fires ranging from 2 megawatt up to 20 megawatt intensity will be set under controlled conditions in unused tunnel facilities, in New South Wales. Instrumentation in the tunnel, donated by the State Rail Authority of New South Wales, will monitor the movement of particulates (smoke). This information is vital to tunnel design, and for passenger life safety. This information will be applicable to all tunnels worldwide.
From Emergence to Demise: Examining the Dynamic Life Cycle of Terrorist Campaigns. Australia has made a long term commitment to the global campaign against terrorism, under the sound premise that it will take a persistent investment of energy and resources to succeed, and the notion that success in this struggle will be contingent on the depth of our knowledge about the nature of the threat. This project will contribute to this effort by enhancing global understanding of the different stages of ....From Emergence to Demise: Examining the Dynamic Life Cycle of Terrorist Campaigns. Australia has made a long term commitment to the global campaign against terrorism, under the sound premise that it will take a persistent investment of energy and resources to succeed, and the notion that success in this struggle will be contingent on the depth of our knowledge about the nature of the threat. This project will contribute to this effort by enhancing global understanding of the different stages of the dynamic life cycle of terrorist campaigns, and by formulating empirically based policy recommendations that will move beyond flawed quick-fix solutions, toward the building of a consistent long-term incremental strategy for managing a threat that will never fully disappear.Read moreRead less
Development of a Compartment Fire Behaviour Training (CFBT) Database. In recent years, incidents of fire flashover have caused considerable destruction to property and the loss of life. Fire prediction and understanding is an area of significance to both the Australian public and the firefighting profession. The NSW Fire Brigade has recently introduced Compartment Fire Behaviour Training (CFBT). To extend this scheme, a database of configurations will be developed using computational modelling, ....Development of a Compartment Fire Behaviour Training (CFBT) Database. In recent years, incidents of fire flashover have caused considerable destruction to property and the loss of life. Fire prediction and understanding is an area of significance to both the Australian public and the firefighting profession. The NSW Fire Brigade has recently introduced Compartment Fire Behaviour Training (CFBT). To extend this scheme, a database of configurations will be developed using computational modelling, allowing firefighters the ability to experience virtually different situations. Detailed experimental studies will be conducted to validate the numerical model. This database will have use and significance beyond Australia and successful implementation promises reductions in the loss of life and property.Read moreRead less