The Economy, Stupid
Why the NDIS is not enough
Dec 5, 2024
Emma Dawson, Executive Director of Per Capita, and Simon Darcy, Professor of Management at UTS Business School, dive deep into the limitations of the NDIS. They discuss how despite its benefits, the NDIS needs enhancements to support individuals with disabilities in entrepreneurship and philanthropy. The conversation highlights the economic contributions of disabled individuals and the pressing need for increased accessibility in travel. They argue that a truly inclusive society benefits everyone, urging systemic changes to break down barriers.
29:01
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Quick takeaways
- Philanthropic support for disability causes in Australia is insufficient, comprising only 4.3% of total donations, highlighting a need for systemic change.
- The employment rate for individuals with disabilities has risen to 60.5% due to improved labor market conditions and better NDIS support.
Deep dives
Economic Impact of the NDIS
The National Disability Insurance Scheme (NDIS) plays a significant role in the economy by providing support for individuals with disabilities. A study estimates that for every dollar spent on the NDIS, the community sees a return of $2.25, benefiting not only the recipients but also their families and the broader economy by reducing health costs and enhancing participation. Recent reforms aimed at curbing waste primarily caused by large service providers are intended to ensure that investments directly improve lives and outcomes for those with disabilities. Although some concerns exist regarding potential cuts, the focus is on efficiency rather than mere cost reduction, maintaining the scheme's overall value.
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