One of the biggest cost blowouts in the federal budget last week was, again, the National Disability Insurance Scheme.
The well-intended but badly designed $44 billion scheme is facing an unsustainable 21 per cent cost surge this year.
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John 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. Connect with John on Twitter. Email John at jkehoe@afr.com
