The nation has a major challenge on its hands.
Since the introduction of the National Disability Insurance Scheme (NDIS) in July 2013 at an estimated cost to the taxpayer of $13.6 billion per annum, there has clearly been major rorting.
The latest estimated cost to the taxpayer in 2025-26 is a staggering $50 billion to $52.3 billion per annum and growing at a rate of 10 per cent per annum, that’s an eyewatering increase of between $5 billion and $5.23 billion extra per annum.
In a recent review of the NDIS the federal government was very pleased to announce to the nation that they were controlling the growth of the NDIS at an annual eight per cent, still a staggeringly high figure.
In recent days there has been commentary on big cuts to the NDIS in the May budget.
The big questions are, can the government control the huge blow-out in running the NDIS and is it capable of directing the valuable taxpayer funded NDIS funds to the most needy on the scheme.
The Adviser is interested in your thoughts, please forward them to front@sheppartonadviser.com.au or send us a DM on Facebook and Instagram.
