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National Disability Insurance Scheme Saves $1 Billion

The NDIS was slated to grow by 19 percent this financial year, but ended up growing 12 percent instead.
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National Disability Insurance Scheme Saves $1 Billion
A symbol indicates disability parking in Albany, Western Australia, on April 22, 2024. Susan Mortimer/The Epoch Times
Rex Widerstrom
By Rex Widerstrom
11/1/2024Updated: 11/1/2024
0:00

The National Disability Insurance Scheme (NDIS), which costs $42 billion a year and has been growing at more than 10 percent a year, has finally delivered some good news for the government, spending $1 billion less than previously forecast in the 2024/25 federal budget.

Concern over the ballooning cost of the scheme led politicians to pass new laws, which came into effect last month, to cap growth at 8 percent per annum.

Rex Widerstrom
Rex Widerstrom
Author
Rex Widerstrom is a New Zealand-based reporter with over 40 years of experience in media, including radio and print. He is currently a presenter for Hutt Radio.
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