Enabling three dimensional stochastic geological modelling. This project aims to develop technologies to mitigate three dimensional (3D) geological risk in resources management. This project expects to create new knowledge and methods in the field of 3D geological modelling through the innovative application of mathematical methods, structural geology concepts and probabilistic programming. The expected outcomes are an enhanced capability to model the subsurface, characterise model uncertainty a ....Enabling three dimensional stochastic geological modelling. This project aims to develop technologies to mitigate three dimensional (3D) geological risk in resources management. This project expects to create new knowledge and methods in the field of 3D geological modelling through the innovative application of mathematical methods, structural geology concepts and probabilistic programming. The expected outcomes are an enhanced capability to model the subsurface, characterise model uncertainty and test multiple geological scenarios. This enhanced capability is important for the future of Australia's subsurface management, including urban geology and our continuously growing sustainable resources industry.Read moreRead less
Three-dimensional Bayesian Modelling of Geological and Geophysical data. The project aims to develop technologies enabling rapid informed decision-making related to the management of natural resources, including critical metals, copper and water. This new technology will support a greener future, securing our energy future, our access to clean water and reduce the mining footprint. Expected outcomes include an enhanced capability in interoperable, integrated three-dimensional geological and geop ....Three-dimensional Bayesian Modelling of Geological and Geophysical data. The project aims to develop technologies enabling rapid informed decision-making related to the management of natural resources, including critical metals, copper and water. This new technology will support a greener future, securing our energy future, our access to clean water and reduce the mining footprint. Expected outcomes include an enhanced capability in interoperable, integrated three-dimensional geological and geophysical modelling in order to predictively characterise sub-surface geology. The outcome will be an open-source forecasting dashboard enabling decision making while considering underlying risk related to resource extractions and management with significant benefits to the Australian society (lower emissions, clean water).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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Helping Central Banks Measure Unobserved Variables Using Real-time Forecasts. The project addresses structural measurement problems confronted routinely by central bankers. The techniques developed, and the estimates provided, will aid directly the Partner Organisations (the Reserve Bank of Australia, the Reserve Bank of New Zealand and Norges Bank) and other central banks in formulating monetary policy. The analysis will allow interest rates in Australia and elsewhere to be set with greater pre ....Helping Central Banks Measure Unobserved Variables Using Real-time Forecasts. The project addresses structural measurement problems confronted routinely by central bankers. The techniques developed, and the estimates provided, will aid directly the Partner Organisations (the Reserve Bank of Australia, the Reserve Bank of New Zealand and Norges Bank) and other central banks in formulating monetary policy. The analysis will allow interest rates in Australia and elsewhere to be set with greater precision. The techniques developed in this project will facilitate the understanding and communication of monetary policy within the central banks concerned, and enhance communication of monetary policy strategy to the public.Read moreRead less
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
The improvement of investment approaches by developing and applying bootstrap methods to innovative evolutionary kernel-based subset time-series modelling. With over $1 trillion of investors' monies in the hands of fund managers, the importance of efficient investment decisions across all industry sectors is self evident. Even if the modest target of systematically improving decision making by 1 or 2 % is set, the aggregate economic benefit achieved, given the compounding effects will be enormou ....The improvement of investment approaches by developing and applying bootstrap methods to innovative evolutionary kernel-based subset time-series modelling. With over $1 trillion of investors' monies in the hands of fund managers, the importance of efficient investment decisions across all industry sectors is self evident. Even if the modest target of systematically improving decision making by 1 or 2 % is set, the aggregate economic benefit achieved, given the compounding effects will be enormous. Any developed or developing country will profit from such advanced decision-making approaches. Therefore 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 investment and other relevant sectors.Read moreRead less
Deformational controls on the dynamics of fluid flow, hydrothermal alteration and gold mineralisation, Argo Gold deposit, WA. Detailed structural analysis, combined with major and trace element geochemistry and stable isotope geochemistry, will be used to explore the 3D evolution of fluid pathways and their relationship to growth of shear zones, vein networks and alteration patterns in the Argo shear-hosted gold deposit. The research will be used to (1) maximise the efficiency of resource defini ....Deformational controls on the dynamics of fluid flow, hydrothermal alteration and gold mineralisation, Argo Gold deposit, WA. Detailed structural analysis, combined with major and trace element geochemistry and stable isotope geochemistry, will be used to explore the 3D evolution of fluid pathways and their relationship to growth of shear zones, vein networks and alteration patterns in the Argo shear-hosted gold deposit. The research will be used to (1) maximise the efficiency of resource definition and extraction, (2) refine resource exploration models, (3) explore the dynamics of gold mineralisation processes in shear zones, and (4) advance understanding of how coupling between deformation, fluid flow, and fluid-rock reaction influence the mechanical behaviour of the Earth's crust.Read moreRead less
Innovative Technology for At-Scene Forensic Analysis using Microfluidics and Chemiluminescence. The major outcome of this project will be innovative reagents and strategies optimised for the detection of priority analytes such as drugs, explosives and chemical warfare agents. These will utilise a new technology platform based upon laboratory on a chip/microfluidics to enable the development of analytical methodologies suitable for use at crime scenes.This programme of research falls within a Nat ....Innovative Technology for At-Scene Forensic Analysis using Microfluidics and Chemiluminescence. The major outcome of this project will be innovative reagents and strategies optimised for the detection of priority analytes such as drugs, explosives and chemical warfare agents. These will utilise a new technology platform based upon laboratory on a chip/microfluidics to enable the development of analytical methodologies suitable for use at crime scenes.This programme of research falls within a National Research Priority namely 'Protecting Australia from terrorism and crime'. Through our current forensic science research collaboration the outcomes will build significantly on Australia's existing strengths in rapid detection using new analytical technologies.Read moreRead less
Exploration potential and implications for stress transfer modelling in fault-related mineral deposits. Following our success in the application of stress transfer modelling (STM) techniques to understand the clustered distribution of upper crustal, Archean gold deposits within crustal scale fault systems, this project seeks to test and develop the application of STM in (1) gold systems formed below the crustal seismogenic regime, (2) for deposit-scale targeting, and (3) in a range of fault-re ....Exploration potential and implications for stress transfer modelling in fault-related mineral deposits. Following our success in the application of stress transfer modelling (STM) techniques to understand the clustered distribution of upper crustal, Archean gold deposits within crustal scale fault systems, this project seeks to test and develop the application of STM in (1) gold systems formed below the crustal seismogenic regime, (2) for deposit-scale targeting, and (3) in a range of fault-related mineral deposits other than Archaean gold systems. The project will also develop methods to evaluate the combined roles of co-seismic stress transfer and post-seismic fluid redistribution in influencing deposit distribution. The approach provides a new conceptual framework in which to develop exploration strategies for deep earth resources.Read moreRead less
Development and Application of Stress Transfer Modelling for Area Selection in Mesothermal Gold Systems. Many mesothermal gold systems are hosted by low displacement faults and shear zones which develop adjacent to high displacement, crustal-scale faults and shear zones. By analogy with modern, seismogenic fault systems, the gold-hosting structures are interpreted as aftershock arrays whose formation is related to stress redistribution and fluid flow after major slip events on high displacement ....Development and Application of Stress Transfer Modelling for Area Selection in Mesothermal Gold Systems. Many mesothermal gold systems are hosted by low displacement faults and shear zones which develop adjacent to high displacement, crustal-scale faults and shear zones. By analogy with modern, seismogenic fault systems, the gold-hosting structures are interpreted as aftershock arrays whose formation is related to stress redistribution and fluid flow after major slip events on high displacement faults. This project will test and develop Coulomb stress transfer modelling techniques, currently used for aftershock risk assessment, for predicting the distribution of low displacment, gold-hosting structures around crustal-scale shear systems. The technique is expected to provide a powerful tool to assist area selection in fault-related epigenetic ore systems.Read moreRead less