Current disability support is fragmented, inadequate and underfunded. The new scheme addresses these problems and will cover everyone who suffers a disability for life-long care and support.
The key tenant of the NDIS is the creation of a new national disability insurance institution that will greatly impact the insurance and financial services sectors with telecommunications, transport and aged care sectors benefitting from new customers.
- The final report proposes a new universal National Disability Insurance Scheme (NDIS) and a new no-fault National Injury Insurance Scheme (NIIS).
- The Productivity Commission acknowledges that implementation challenges will occur through introducing the new complex framework over multiple jurisdictions with overlapping responsibilities.
- The Federal Government will provide $10 million to work on the technical aspects of the scheme.