NDIS changes to close costly ‘loophole’ before it becomes ‘gaping wound’, Bill Shorten says

Budget forecasts $14.4bn in savings from national disability insurance scheme, which minister says will come from changes to plan rulesGet our morning and afternoon news emails, free app or daily news podcastBill Shorten has said most of the federal government’s planned $14.4bn NDIS savings over the next four years will come from changes yet to pass parliament, as he promised to shut down a plan inflation “loophole” before it becomes a “gaping wound”.The 2024-25 federal budget shows Labor is banking on a total of $27.9bn in savings to fund a number of measures. Of that total, $14.4bn is expected to be freed up by moderating the national disability insurance scheme’s expected growth of $15.9bn to just $1.5bn by 2027-28.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...

May 15, 2024 - 16:30
 0  3
NDIS changes to close costly ‘loophole’ before it becomes ‘gaping wound’, Bill Shorten says

Budget forecasts $14.4bn in savings from national disability insurance scheme, which minister says will come from changes to plan rules

Bill Shorten has said most of the federal government’s planned $14.4bn NDIS savings over the next four years will come from changes yet to pass parliament, as he promised to shut down a plan inflation “loophole” before it becomes a “gaping wound”.

The 2024-25 federal budget shows Labor is banking on a total of $27.9bn in savings to fund a number of measures. Of that total, $14.4bn is expected to be freed up by moderating the national disability insurance scheme’s expected growth of $15.9bn to just $1.5bn by 2027-28.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...

usnews US News is a reputable author that delivers a comprehensive range of up-to-date news to the United States and beyond. With a keen focus on providing the latest information across various fields, US News keeps readers informed about the most significant developments happening both domestically and globally. Whether it's politics, economics, technology, science, health, or culture, this author strives to cover diverse topics, ensuring a well-rounded news experience. By combining extensive research, journalistic integrity, and a commitment to accuracy, US News offers readers an invaluable resource to stay informed and make informed decisions in an ever-changing world.