‘Needs to Be Made Sustainable’: PM to Lower NDIS Funding Increase

Labor will not reduce funding for the National Disability Insurance Scheme (NDIS) but will attempt to lower its projected cost increases to make it more sustainable. The federal government has tried to cap the annual growth of the NDIS to 8 percent as the scheme continues to be one of the country’s fastest-growing cost centres. The May Budget revealed the annual cost of the scheme had reached $42 billion in 2024, and is projected to cost $90 billion by 2030. Speaking on May 21, Mr. Albanese said that the scheme “needs to be made sustainable.” “What we’re talking about here isn’t something that’s any reduction, it is a lowering of the projected increase in NDIS funding, which would see it unsustainable,” he told reporters in Sydney on May 21....