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NDIS Changes to Be Unveiled on Wednesday Will Provide Budget’s Biggest Cuts
Treasurer Jim Chalmers says the scheme is growing too fast and the overhaul will be the budget’s biggest savings measure.
- On Monday, Treasurer Jim Chalmers confirmed that curbing the National Disability Insurance Scheme's annual growth to around 5 percent will anchor the government's May 12 budget savings package.
- The $50 billion program is 'growing too fast for Australians to afford,' officials argue, after the growth rate ballooned from 22 percent in 2022, prompting intervention.
- On Wednesday, NDIS Minister Mark Butler will address the National Press Club regarding reforms, including a mandatory registration regime for the scheme's 277,000 operators.
- While the Greens declared the cuts a 'moral failing,' Chalmers warned that global economic uncertainty from the Middle East conflict necessitates substantial budget savings.
- Treasury officials are assessing 'downside scenarios' for the budget, while the government weighs potential capital gains tax reforms to address intergenerational unfairness.
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Sydney Morning HeraldReposted by 
The Age
The AgeChalmers says overhaul of unaffordable NDIS key to budget savings in grim times
Chalmers warned the NDIS was growing too fast for Australians to afford, laying the groundwork for major changes to the $50 billion scheme that will be unveiled on Wednesday.
·Sydney, Australia
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Coverage Details
Total News Sources14
Leaning Left6Leaning Right1Center1Last UpdatedBias Distribution75% Left
Bias Distribution
- 75% of the sources lean Left
75% Left
L 75%
13%
12%
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