Fears of a funding shortfall in the National Disability Insurance Scheme are unfounded according to the findings of an economic report which shows that the program will spark a multi-billion dollar jobs boom in NSW.
The analysis, to be released on Monday, reveals that more than 23,000 people with a disability and their carers are likely to enter the state’s workforce when the scheme is fully implemented, generating up to $7 billion for the NSW economy each year.
Commissioned by peak body, National Disability Services, the modelling by Charles Sturt University economist Brendan Long used ABS data to measure how many people with a disability and their informal carers, usually family members, would undertake employment after receiving support from the scheme.
The report predicts up to 12,400 people with a disability will seek work once they have an NDIS package.
Source: The Sydney Morning Herald