In Part 3 of the 'Breaking News' segment this week, we have just Debbie and Minh, to sit down again (for the third consecutive day) to continue discussing some things not covered in our first two episodes on this MASSIVE news from the NDIS.
- The SDA Pricing Review has estimated that the numbers to be housed by the SDA Program has increased from 28,000 to 30,000. At the same time, the annual cost of the NDIS Specialist Disability Accommodation (SDA) program will grow from the previously projected $700M to $1,800M p.a..
- The Review recommends a rebalancing of the pricing but no alteration to the pricing mechanism itself. Consequently, the SDA program will continue to rely on a price cap rather than a competitive market-based provision allowing developers to cherry-pick the most profitable projects.
- This program and pricing structure do not guarantee the delivery of all the accommodation required nor that the accommodation delivered will be well-located or contemporary, even with significant additional expenditure.
We rarely do emergency podcasts like this, 4 episodes in one week, so we hope you don't feel overwhelmed with the "SDA overdose". Plenty more to see what happens over the coming weeks and months, when these new changes are finalised by October 1st 2023.
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Our goal is to see Participants with high-needs disabilities being appropriately housed in accommodation that is right for them. Purpose-built homes promote opportunities for social and economic participation, enhance self-determination, and create conditions for Participants to lead vibrant, safe, and independent lives.
Please feel free to call us on 1300254397 to talk to one of our friendly staff, otherwise, just pop on over to our website to find out more info on www.ndispropertyaustralia.com.au
Information contained in this podcast is general in nature only. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information and should seek independent and professional advice for your personal circumstances.