The NDIS is a taxpayer sinkhole. Is it an economy killer too?

The uncontrolled growth in the NDIS is contributing to Australia’s inflation and productivity problem, economists and business operators believe.

John KehoeEconomics editor

Jun 7, 2024 – 7.10pm

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The stagnating economy and shocking revelations this week about widespread defrauding of the $44 billion National Disability Insurance Scheme have more in common than it seems.

Criminals and shonks were exploiting the NDIS to pay for drugs, luxury holidays and cars, NDIS integrity chief John Dardo revealed.

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John KehoeEconomics editorJohn Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury.