The National Disability Insurance Agency (NDIA) today released the Market Position Statement (MPS) for Queensland to inform current and prospective providers, and market stakeholders of the opportunities the National Disability Insurance Scheme (NDIS) will create in Queensland in the coming years.
Central to the Queensland Statement is the expected creation of over 13,000 new jobs across the state in the next three years.
NDIA Chief Executive Officer, David Bowen, said the Statement was a specific tool to help current and prospective providers and market stakeholders prepare for the roll out of the NDIS in Queensland.
“The NDIS will provide support to more than 91,000 people with disability in Queensland by 2020,” Mr Bowen said.
“To achieve this, it is estimated that the size of the market for disability supports in Queensland will grow to $4.3 billion by 2020, an increase of $2.5 billion.
“This is a significant opportunity for organisations interested in providing supports to NDIS participants and for workers in these fields.
“It will also result in an increased demand for quality, value-for-money services for people with disability as well as new products and technologies.
This is the third MPS released by the NDIA. It takes a high-level look at the entire state of Queensland, with a focus on the local government areas of Townsville, Charters Towers and Palm Island, where the NDIS has been operating since 1 January, 2016.
Mr Bowen said that developing the market to be able to deliver the increased level of disability services would take time, but that growth was already occurring.
“To date, about 130 organisations and individuals have applied to register as a provider of NDIS supports in Queensland. Some of these providers offer innovative and different types of services typically not associated with the disability sector such as fitness and sports, financial services, information and communications technology, trades and builders,” Mr Bowen said.
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“In the Townsville region, provider feedback has been positive, with all of the 17 current and prospective providers the NDIA surveyed expressing intentions to grow and/or expand their services.”
Market Position Statements for other jurisdictions will be published in the coming months.
To access the full market position statement for Queensland please visit the Market Position Statements page.