In The Media | 18 March 2016

Special account to fund $5b NDIS shortfall

Special account to fund $5b NDIS shortfall

The federal government wants to create a special account to pay for a $5 billion shortfall in national disability insurance scheme funding.

The coalition will pour in budget savings to top up the $6.3 billion in existing disability spending that will be redirected to the NDIS by 2019/20.

Under a bill introduced to parliament on Wednesday, the cash would be earmarked for the NDIS but would sit within the government’s consolidated revenue fund.

Source: news.com.au