Spending on the National Disability Insurance Scheme is expected to blow out to $64 billion a year in 2030, even higher than previously estimated, according to an external actuarial review commissioned by disability ministers.
The prediction of $19.2 billion higher costs over the period to the end of the decade came after the NDIS actuary concluded it was facing a rise in costs from $29.2 billion this year to $59.3 billion in 2029-30.
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Tom Burton has held senior editorial and publishing roles with The Mandarin, The Sydney Morning Herald and as Canberra bureau chief for The Australian Financial Review. He has won three Walkley awards. Connect with Tom on Twitter. Email Tom at tom.burton@afr.com
