NDIS will continue to drive job growth

Friday 4 April 2025

Last week’s federal budget revealed that the cost of the National Disability Insurance Scheme (NDIS) will reach $50.8 billion next financial year, exceeding the $51 billion allocated to the defence budget.

The cost of the NDIS is also projected to reach $63 billion by mid-2029.

The growth of the NDIS is the key driver behind Australia’s recent job boom.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.