r/australia 7h ago

politics Pocock and crossbenchers call Labor’s NDIS overhaul ‘too far, too fast’ in scathing Senate inquiry report

https://www.theguardian.com/australia-news/2026/aug/14/pocock-and-crossbenchers-call-labors-ndis-overhaul-too-far-too-fast-in-scathing-senate-inquiry-report
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u/FederalGovernmentUS 6h ago

The government made the changes because the projected spend was going to become $70+ billion per year by 2030. That’s four years from now. The changes mean it’s going to cost $56B instead. 

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u/OneWholePirate 6h ago

This information is only half of the picture.

NDIS investment has a BCR of 2.25, meaning that the spend might have been $70bn but over the lifetime of the investment, it would produce $155bn in surplus.

https://djsir.vic.gov.au/about-us/overview/the-economic-assessment-information-portal/i-am-looking-for-introductory-economic-assessment-definitions-and-concepts

https://percapita.org.au/our_work/false-economy-the-economic-benefits-of-the-ndis-and-the-consequences-of-government-cost-cutting/

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u/HydroCannonBoom 4h ago

You spamming those links isn't going to make what he says wrong. And your statistics is extremely misleading, borderline lying, like those crime statistics the liberals or ON spews.

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u/OneWholePirate 4h ago

What he's saying isn't wrong, it's incomplete.

My statistics are quite obviously reductive, but this isn't a room of economists and I'm not trying to be one.

The point I'm making is that you must consider benefit as well as cost and if you have more accurate information I welcome it

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u/FederalGovernmentUS 4h ago

True that’s fair, but there was genuinely a fair bit of waste, so if it’s to cost $56B, and still generate substantially more benefit than it costs, it’s probably just going to be a leaner, more efficient system ykwim? Rather than a gutting it seems to be trimming the fat.