Jeremy looking stern with the NDIS logo next to him

The Real Cost of NDIS: Jeremy Cordeaux’s Bold Take

Jeremy Cordeaux delves into the National Disability Insurance Scheme (NDIS), highlighting its financial strain and management challenges. With escalating costs and alleged inefficiencies, Jeremy raises important questions about its sustainability and accountability.

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Spiralling Costs and Fraud Concerns

At [21:26], Jeremy emphasises the staggering cost of the NDIS, stating, “NDIS costs more than the Defence Department. How can this be sustainable?” He highlights the recent allocation of an additional $1 billion to the scheme, primarily to hire more personnel to combat fraud.

“The scheme employs 400,000 people already, yet fraud remains a significant issue,” Jeremy observes. He notes how the lack of rigorous controls has made fraud prevention a costly and reactive process. The rising expenses, he argues, should push policymakers to reconsider how the program is managed and funded.

NDIS logo on building
Jeremy emphasises the staggering cost of the NDIS, stating, “NDIS costs more than the Defence Department. How can this be sustainable?

Calls for Accountability

Jeremy criticises the absence of means testing within the NDIS framework, saying, “A billionaire can plug into the NDIS with no checks.” He questions why such a critical oversight exists, arguing that it opens the door to misuse and further strains the system.

He also draws attention to the thousands of authorised providers under the scheme. “Why would anyone become a provider without being thoroughly checked out by the government?” Jeremy asks, highlighting gaps in oversight that exacerbate inefficiencies.

A Broader Reflection on Policy Mismanagement

Jeremy’s critique extends beyond the NDIS to the broader principles of governance. He laments how the original intent of the scheme—to support those truly in need—has been overshadowed by mismanagement. “The founding fathers of the Labour Party would find this disgraceful,” Jeremy reflects.

Drawing comparisons to other government initiatives, Jeremy suggests that unchecked spending and poor oversight are systemic issues. He notes, “This isn’t just about the NDIS. It’s about a pattern of poor governance and misplaced priorities.”

Jeremy looking stern
“Supporting those in need is vital, but it shouldn’t come at the expense of sustainability,” Jeremy asserts.

Critical Need To Balance Support

Jeremy’s discussion sheds light on the critical need to balance support for vulnerable Australians with financial accountability. The escalating costs of the NDIS and the challenges of fraud prevention are reminders of the importance of thorough planning and transparent oversight.

“Supporting those in need is vital, but it shouldn’t come at the expense of sustainability,” Jeremy asserts. His call for reform is a wake-up call for policymakers and citizens alike to demand better management of taxpayer-funded initiatives.

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