#ndis

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TheBadPlace
@TheBadPlace@mastodon.ozioso.online · 4d ago
English – The Conversation | Will this budget really make housing fairer for more Australians? It’s a good start by Aruna Sathanapally, Chief Executive, Grattan Institute AI generated summary, Read the full article for complete information. The 2026 federal budget marks a bold step toward a fairer Australian housing market by tackling long‑standing tax distortions and boosting supply. Treasury’s reforms target the personal‑income‑tax system’s heavy reliance on wages and its generous concessions for wealth, introducing a 30 % minimum tax on future capital gains and trust distributions and beginning to phase out the capital‑gains discount from 2027, while preserving existing negatively‑geared investments. These changes aim to reduce the advantage enjoyed by high‑income property investors—who have earned roughly A$700,000 in tax benefits since 2000 compared with about A$12,400 for typical earners—and are projected to cut the deficit by more than $20 billion a year and modestly lower house prices (about 2 %). To counteract the potential slowdown in construction, the budget funds a $2 billion Local Infrastructure Fund to ease restrictive planning rules and improve productivity, offsetting an estimated loss of 35,000 homes over the next decade. On the expenditure side, the government imposes significant savings, most notably a 2 % annual growth cap on the NDIS worth over $36 billion, positioning the budget to achieve a surplus by the mid‑2030s, though it stops short of extending cost‑of‑living relief or fuel‑excise cuts, leaving many working‑age families without additional support. Overall, the budget tilts the balance toward younger Australians seeking their first home, signalling a shift toward inter‑generational fairness and a more resilient economy. Read more: https://theconversation.com/will-this-budget-really-make-housing-fairer-for-more-australians-its-a-good-start-282367 #NDIS #Treasury #LocalInfrastructureFund
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TheBadPlace
@TheBadPlace@mastodon.ozioso.online · May 01, 2026
9News | 'A soft target for crooks': Shocking extent of NDIS fraud revealed by 9News AI generated summary, Read the full article for complete information. The parliamentary inquiry into the National Disability Insurance Scheme (NDIS) uncovered that roughly 8 percent of the scheme’s $45 billion budget—over $3.5 billion—has been compromised by fraud, with criminal gangs, coercive schemes and international cartels targeting vulnerable people with disabilities. Investigators found that 90 percent of the smallest 1,000 of the 1,400 plan managers show traces of fraudulent activity, including inflated billing, “harvesting” of participants’ packages, and exploitation of those recently released from prison. NDIS Minister Jenny McAllister called the scheme a “soft target for crooks,” while officials from the Australian Criminal Intelligence Commission and the Fraud Fusion Taskforce warned that the fraud spans Australia, South America, and parts of Asia. In response, the government plans to slash NDIS spending in the upcoming budget, aiming to reduce the average annual plan by about $5,000 and save $35 billion, alongside tighter safeguards and oversight. Read more: https://www.9news.com.au/national/ndis-fraud-laid-bare-in-parliament/7cdb0b4d-c8af-4617-bf28-f1e55940d7e4 #NDIS #MarkButler #JennyMcAllister #planmanagers
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Ex_spurt
@Ex_spurt@aus.social · Apr 22, 2026
ALP: "Times are hard and we need more money" People: "Tax the Billionaires! Stop wasting money on AUKUS! Tax gas exports! Stop subsidising oil companies! Get rid of tax breaks for rich property investors!, cut Superannuation breaks for multi-millionaires!" ALP: "We hear you, and we are going to cut services for disabilities" #auspol #NDIS
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CanvasesByPeter
@CanvasesByPeter@mementomori.social · Apr 22, 2026
New more factual headline: "NDIS is costing too much and growing too fast because the fossil fuel industry is making people sicker and sicker, so we're going to abandon the sick by cutting NDIS in favor of continued support to the fossil fuel industry that's making everyone sick" There you go, wasn't that hard to tell the truth now was it? https://www.theguardian.com/australia-news/live/2026/apr/22/australia-news-live-ndis-savings-cuts-mark-butler-aged-care-cost-of-living-budget-jim-chalmers-labor-coalition-ntwnfb #LaborFail #NDIS #Corruption #AUSPol #News #HumanRights #Health #Activism
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