Building A Better Built Environment for Older Australian's Ageing-in-place. Most older Australians prefer to age in place after their retirement. This project aims to understand how the built environment as a comprehensive system supports (or hinders) their ageing-in-place given that the existing Australian built environment fails to meet older Australians' requirements for independent living. This project expects to generate new knowledge in the area of ageing-friendly communities using Bayesia ....Building A Better Built Environment for Older Australian's Ageing-in-place. Most older Australians prefer to age in place after their retirement. This project aims to understand how the built environment as a comprehensive system supports (or hinders) their ageing-in-place given that the existing Australian built environment fails to meet older Australians' requirements for independent living. This project expects to generate new knowledge in the area of ageing-friendly communities using Bayesian Network analysis and interactive design charrettes. Expected outcomes include an evidence-based Bayesian network model that determines how the built environment affects independent living in the community and design innovation and guidelines to improve the built environment design for older Australians' ageing-in-place.Read moreRead less
Nanoarchitectured multifunctional porous superparamagnetic nanoparticles. This project aims to develop a method for the direct detection of biomarkers based on a new class of highly porous superparamagnetic nanoparticles with peroxidase-like activity. The particles will be used as dispersible capture agents for isolating specific targets in biological samples, and electrocatalytic nanozymes for naked-eye evaluation and electrochemical detection. The project is expected to develop simple, low-cos ....Nanoarchitectured multifunctional porous superparamagnetic nanoparticles. This project aims to develop a method for the direct detection of biomarkers based on a new class of highly porous superparamagnetic nanoparticles with peroxidase-like activity. The particles will be used as dispersible capture agents for isolating specific targets in biological samples, and electrocatalytic nanozymes for naked-eye evaluation and electrochemical detection. The project is expected to develop simple, low-cost, portable devices for the analysis of exosomes and exosomal miRNA in biological samples. The future development of this technology into diagnostic devices will improve patient outcomes by enabling earlier disease diagnosis and improved monitoring of treatment.Read moreRead less
Large dynamic time-varying models for structural macroeconomic inference. This project aims to broaden the range of macroeconomic models that have an integrated capacity for both greater realism and efficiency in analysis. This approach will be applied to two contexts at the forefront of current macroeconomic research, the effects of noisy productivity signals on business cycles and the effects of fiscal policy shocks. Flexible macro-econometric models underpin accurate inference by economists ....Large dynamic time-varying models for structural macroeconomic inference. This project aims to broaden the range of macroeconomic models that have an integrated capacity for both greater realism and efficiency in analysis. This approach will be applied to two contexts at the forefront of current macroeconomic research, the effects of noisy productivity signals on business cycles and the effects of fiscal policy shocks. Flexible macro-econometric models underpin accurate inference by economists and policymakers and the project outputs should provide widespread and significant benefits by improving policy and boosting Australia’s comparative advantage.Read moreRead less
Microfluidics with core-shell beads: handling liquids like solids. Reducing waste of consumables in chemical reactions promises to solve environmental problems as well as enable novel applications in space. This project aims to establish a revolutionary fluid handling technology that lowers waste in the labs and in satellites. The project deciphers the fundamental physics behind our recent discovery of encapsulating a tiny liquid content in a solid shell, allowing for handling liquid samples lik ....Microfluidics with core-shell beads: handling liquids like solids. Reducing waste of consumables in chemical reactions promises to solve environmental problems as well as enable novel applications in space. This project aims to establish a revolutionary fluid handling technology that lowers waste in the labs and in satellites. The project deciphers the fundamental physics behind our recent discovery of encapsulating a tiny liquid content in a solid shell, allowing for handling liquid samples like solid particles. Examples of the benefit of this project are more precise detection of bacteria on earth and compact reactors in space. The research outcomes are instrumental for promoting a clean environment, good health, and creating new business opportunities, particularly in space industry, for Australians.Read moreRead less
Closing the Gap Between Theory and Data in Macroeconometrics. This project aims to bring econometric models (the empirical vehicle for inference) and economic models (the theory) closer together. A new model is intended to be proposed that will address a significant issue with the interpretation of the outputs of the econometric models. As a first contribution, the project is expected to develop the model and an inferential framework for this model using probability theory on manifolds. In a sec ....Closing the Gap Between Theory and Data in Macroeconometrics. This project aims to bring econometric models (the empirical vehicle for inference) and economic models (the theory) closer together. A new model is intended to be proposed that will address a significant issue with the interpretation of the outputs of the econometric models. As a first contribution, the project is expected to develop the model and an inferential framework for this model using probability theory on manifolds. In a second contribution, it is expected to construct an algorithm to permit inference leading to outputs useful to policy analysts. The model is intended to be parsimonious, which facilitates the development of a time-varying version to allow the model to evolve with the economy and provide better policy guidance.Read moreRead less
Measuring the Commercial Real Estate Sector in Australia. This project aims to address a significant gap in our understanding of the Australian commercial real estate sector. It will use detailed data to develop sophisticated models of the prices of commercial buildings. Expected outcomes include a suite of commercial real estate price indexes for Australia, by region and property type, and a comprehensive and transparent examination of the methods used to construct them. This will shed light on ....Measuring the Commercial Real Estate Sector in Australia. This project aims to address a significant gap in our understanding of the Australian commercial real estate sector. It will use detailed data to develop sophisticated models of the prices of commercial buildings. Expected outcomes include a suite of commercial real estate price indexes for Australia, by region and property type, and a comprehensive and transparent examination of the methods used to construct them. This will shed light on a hitherto poorly measured sector and provide significant benefits by better informing market participants, guiding statistical agencies in developing such measures and better-enabling policymakers, banks, superfunds and macroprudential authorities to understand the risk profile of the sector.Read moreRead less
Understanding macroeconomic fluctuations with unobserved networks. Whilst empirical evidence suggests that firm-level shocks can have large aggregate effects, via network connections, macroeconomic policies have mostly an aggregate nature. This project aims to build a new framework to disentangle aggregate shocks from shocks to individual units. The major innovations are i) to infer the network from the data and ii) to jointly estimate aggregate factors and network effects. Expected outcomes are ....Understanding macroeconomic fluctuations with unobserved networks. Whilst empirical evidence suggests that firm-level shocks can have large aggregate effects, via network connections, macroeconomic policies have mostly an aggregate nature. This project aims to build a new framework to disentangle aggregate shocks from shocks to individual units. The major innovations are i) to infer the network from the data and ii) to jointly estimate aggregate factors and network effects. Expected outcomes are i) measures of systemic risk and ii) a theoretical framework to study the optimality of aggregate versus sectoral stabilization policies. Benefits include a better understanding of macroeconomic fluctuations in Australia and proposed economic policies to mitigate large and persistent declines in employment and GDP.Read moreRead less
3D Hypersonic Shock-Turbulent-Boundary-Layer Interactions. Shock-wave turbulent-boundary-layer interactions occur on hypersonic flight vehicles and can lead to high heating and increased drag. This is a paramount design issue that needs addressing. We aim to understand and quantify fundamental phenomena occurring in such interactions using state-of-the-art instrumentation and wind-tunnel facilities. Surfaces will be heated to realistic flight temperatures to simulate accurately the flight enviro ....3D Hypersonic Shock-Turbulent-Boundary-Layer Interactions. Shock-wave turbulent-boundary-layer interactions occur on hypersonic flight vehicles and can lead to high heating and increased drag. This is a paramount design issue that needs addressing. We aim to understand and quantify fundamental phenomena occurring in such interactions using state-of-the-art instrumentation and wind-tunnel facilities. Surfaces will be heated to realistic flight temperatures to simulate accurately the flight environment and include effects not reproduced with cold models. The effects of 3D features of the interactions will lead to new understanding of how the flow develops through a combination of experiments and numerical simulations. Future designs of hypersonic flight vehicles will benefit from knowledge gained.Read moreRead less
An integrated nano-bioengineered chip for enhanced molecular evolution. This project aims to develop a novel molecular evolution platform technology for the rapid selection of high value target binding molecules from diverse molecular libraries using an electrically activated nanofluidic chip coated with target. Significant outcomes from the project is the controlled selection of target binding molecules that is not possible with current methods and improved understanding of nanoforce driven mol ....An integrated nano-bioengineered chip for enhanced molecular evolution. This project aims to develop a novel molecular evolution platform technology for the rapid selection of high value target binding molecules from diverse molecular libraries using an electrically activated nanofluidic chip coated with target. Significant outcomes from the project is the controlled selection of target binding molecules that is not possible with current methods and improved understanding of nanoforce driven molecular collisions on nano-bioengineered surfaces. This provides significant benefits, creating new knowledge in nanomaterials and advanced manufacturing of nanofabricated devices, creating commercial interest and positioning Australia at the forefront of molecular discovery technology, a highly valuable global market.
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Reliability of purchasing power parities from the World Bank. This project aims to provide an econometric framework to estimate purchasing power parities (PPPs) and a method to compute standard errors associated with the World Bank’s International Comparison Programme (ICP)’s PPPs. The ICP regularly compiles and publishes estimates of PPPs of currencies and real incomes. These results are used for study of global inequality and poverty; macroeconomic analysis; the Human Development Index; and cr ....Reliability of purchasing power parities from the World Bank. This project aims to provide an econometric framework to estimate purchasing power parities (PPPs) and a method to compute standard errors associated with the World Bank’s International Comparison Programme (ICP)’s PPPs. The ICP regularly compiles and publishes estimates of PPPs of currencies and real incomes. These results are used for study of global inequality and poverty; macroeconomic analysis; the Human Development Index; and cross-country productivity comparisons. However, no estimates of ICP PPPs’ reliability are available. Results from this project are likely to improve the quality of widely used data sets including the Penn World Tables and the University of Queensland International Comparison Database relevant to banking.Read moreRead less