The NDIS-ification of the economy is in full swing
A scheme that was only ever meant to cost $22 billion is underwriting a once-in-a-generation rise in government spending that rivals the mining boom in terms of scale.
For $90,000, you can buy an “established” NDIS business in Sydney that has no participants and was only set up last December, but claims to be registered to provide everything from personal training to disability housing.
“This is a unique opportunity to acquire a well-positioned NDIS business with a wide range of service offerings,” the Facebook marketplace ad says.
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Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com
