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NDIS: Is it financially sustainable?

Indicators to keep an eye on

The National Disability Insurance Scheme (NDIS) is already wreaking significant change on the disability support sector.

The NDIS will fund 460,000 individual support packages for eligible participants, plus “information, linkage and capacity building” for people who are deemed ineligible. The total annual budget for the NDIS is set at $22 billion, following the full implementation of the scheme in 2019-20.

The question remains though, is $22 billion enough? Is the NDIS financially sustainable in its current shape and form?

This article will outline the four key indicators that will determine the financial sustainability of the NDIS, as well as advice for both consumers and providers within the scheme.

Download the complete article here.

How can Nexia Edwards Marshall NT help you?

For any questions or to discuss any of the above in relation to your personal situation, please contact Noel Clifford or your Nexia Edwards Marshall Advisor.

The material contained in this publication is for general information purposes only and does not constitute professional advice or recommendation from Nexia Edwards Marshall. Regarding any situation or circumstance, specific professional advice should be sought on any particular matter by contacting your Nexia Edwards Marshall advisor.

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