Federal Labor to Recoup Billions From NDIS Overhaul

The National Disability Insurance Scheme NDIS logo is seen at its head office in Canberra, Australia, on June 22, 2022. AAP Image/Mick Tsikas

Australia’s Budget has revealed the Albanese government’s plan to save more than $74 billion over the next decade by reducing the annual funding target of the National Disability Insurance Scheme (NDIS).

This follows a decision by Federal Labor to cap the annual funding target of the disability scheme at eight percent by July 2026.