The CEO of the Capital Markets CRC, Professor Mike Aitken and Chairman of the Capital Markets CRC Research Committee, Dr David Skellern are pleased to announce approximately $1million in funding for CRC research projects in 2006. Professor Aitken expressed the view that he was very pleased with the range and quality of the applications assessed by the CRC’s Research Committee and he believes the projects selected by the Committee will keep the CRC at the forefront of innovative technology development in fraud detection and surveillance of world capital markets.

The successful grants are:

• Associate Professor Mehmet Orgun and Dr Abhaya Nayak, Macquarie University: “Temporal Knowledge Discovery”
  $20,000

• Dr Masahiro Takatsuka, University of Sydney, “Visualization of Temporal Multidimensional Data using Spherical Spatialization”
  $20,000

• Professor Donald Stokes, Mr David Bond and Dr Longbing Cao, University of Technology Sydney; Professor Stephen Taylor and Dr Jeff Coulton, University of New South Wales; Associate Professor Sanjay Chawla, University of Sydney, “Accounting and Audit Surveillance”
  $380,440

• Professor Donald Stokes, Associate Professor Peter Wells, Dr Anna Wright, University of Technology Sydney and Professor Stephen Taylor, University of New South Wales, “Corporate Governance Surveillance – Executive Remuneration”
  $47,000

• Professor Robert Dale, Macquarie University, “Gainspring: Language Technologies for the Capital Markets”
  $102,667

• Professor Michael Aitken and Dr Oliver Diessel, University of New South Wales; Professor Alex Frino, Associate Professor Sanjay Chawla, Dr Carole Comerton-Forde, University of Sydney; Professor Chengqi Zhang, University of Technology, Sydney; Associate Professor Douglas Cumming, Rensselaer Polytechnic Institute: New York, “Cross-Market Surveillance”
  $298,893

Professor Michael J. Aitken
Chief Executive Officer