The National Disability Insurance Scheme will create an “employment boom” in the ACT and add up to $367 million to the local economy, a report has found.
The report is based on modelling by Dr Brendan Long, a senior research fellow at Charles Sturt University and director of consulting firm Agape Economics, and was commissioned by National Disability Services, Australia’s peak body for non-government disability service organisations, and the NDIS campaign body Every Australian Counts.
It found the NDIS in the ACT will support up to 800 people with a disability to find work, support about 660 carers to return to the workforce, create an “employment boom” of more than 1100 jobs, create extra jobs in the disability service sector and add up to $367 million to the territory’s gross state product.
“What it does do is show that there are great opportunities for people with disabilities here for their carers but also for the broader community,” Glenn Keys, Canberra Business Chamber chairman and NDIA board member, said.
“That’s always been the goal for the NDIS. This report is showing how that choice and control can flow into a number of areas, such as employment and jobs.”
The NDIA is tasked with implementing the NDIS.
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In terms of investment, Mr Keys said the report would prove useful for anybody looking at how they might decide to invest in Canberra with the NDIS rollout.
The report notes the NDIS will lead to increased labour supply in the ACT, but…
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This article excerpt was sourced from the website Google News - NDIS and the original article can be found at ACT to reap economic benefits of NDIS, report finds.