No. 1 Story

Mobile operators get fixed price spectrum renewal in $3b Government windfall

The Government has offered Australia's three mobile operators, and vividwireless, renewal of their existing spectrum allocated on 15 year licences in the late 90s and early 2000s at set prices, while the Government expects to rake in $3 billion.

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Supercomputer for Kiwi enviro forecasting

IT Industry - Market

“On the present supercomputer, only a few decades can be simulated, but the new computer will enable complex simulations that describe hundreds of years of New Zealand's climate. The new models can account for the effects that land, ocean and atmospheric interactions, and human activities, will have on our future climate.”

Moxon said hazards forecasting models that took 80 minutes to complete on 40 percent of the previous supercomputer will now take eight minutes on about four percent of the new system, allowing more complex and comprehensive forecasting models to be developed.

“These capabilities will have a significant impact. For example, flooding remains New Zealand’s most costly year-on-year physical hazard. Claims from damage caused by weather events in July and August last year are estimated at $68 million, according to the Insurance Council of New Zealand, and the 2004 Central North Island floods alone resulted in insurance claims of more than $400 million.”

According to NIWA’s John Morgan, given the high costs associated with flood damage, the ability to improve flood forecast lead times is expected to deliver significant economic benefit to New Zealand.

Morgan says the United Kingdom Met Office estimated the benefit to cost ratio of their similar supercomputer was nine times that of the total cost of ownership, based solely on its capability to improve flood forecast lead times.

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