Now can anyone tell me how it will be completely funded?

The Centre for Independent Studies, under freedom of information laws, requested and reviewed the Productivity Commission NDIS feasibility study costings. These costings, conducted by the Australian Government Actuary, indicated that the NDIS would not cover 411,000 at a cost of $15 billion but in fact cover 441,000 at a cost of approximately $22 billion by the time the scheme was fully operational.

With an estimated growth rate of 6 per cent a year by 2023-24 the NDIS may potentially covering 500,000 people at a cost of nearly $30 billion a year. The CIS also estimated that over 8,000 public servants would be required to administer the scheme.

This is particularly relevant, as while the planned trial program is expected to cost $1 billion, funding for the full program has been pushed beyond the the standard four year budget estimates. A budgetary slight of hand that does not bode well for the long term integrity of the program.

At least when the scheme finally is implemented in 2018 it will be well ahead of the NBN roll-out!

Colin Barnett won't sign yet and says "I don't think a pre-election environment is a good time to be debating this''.

What he really means is that he just won an election so it doesn't mean anything to him.  I wish he would succeed and take buffoon Boswell with him.

the IPA also looked at their own LNP   Paid Parental Leave Scheme and said the same thing.

i'm surprised you use them as a source frankly.

She's Done It

It's ok I am sure the damage can be undone given time 🙂

Now can anyone tell me how it will be completely funded?   The Centre for Independent Studies, under freedom of information laws, requested and reviewed the Productivity Commission NDIS feasibility study costings. These costings, conducted by the Australian Government Actuary, indicated that the NDIS would not cover 411,000 at a cost of $15 billion but in fact cover 441,000 at a cost of approximately $22 billion by the time the scheme was fully operational.   With an estimated growth rate of 6 per cent a year by 2023-24 the NDIS may potentially covering 500,000 people at a cost of nearly $30 billion a year. The CIS also estimated that over 8,000 public servants would be required to administer the scheme. This is particularly relevant, as while the planned trial program is expected to cost $1 billion, funding for the full program has been pushed beyond the the standard four year budget estimates. A budgetary slight of hand that does not bode well for the long term integrity of the program.   At least when the scheme finally is implemented in 2018 it will be well ahead of the NBN roll-out!

My uneducated guess....

a) it won't be. At least not long term and the promises that we are made now to encourage us to accept this will either be scrimped on in the future or negatively altered/ downgraded etc

b) it won't be. Eventually it will be scrapped, but the increased levy to fund the program will not be similarly scrapped.

c) it won't be. But they will continue to raise our Medicare contributions or similar to meet the promises that they make to us today.

d) it won't be. They will introduce new qualifying guidelines down the track and continually move the goal posts so that very few people will be able to access it at the level they are currently promised.