2023-24 Budget: NDIS and Aged Care - Afea Care Services
May 10th 2023

The federal government’s 2023-24 budget, handed down on 9 May, includes significant investments in the disability and aged care sector.

Let’s look at the highlights.

$910 million over four years for the NDIS

The Government is investing a total of $910 million over four years from 2023-24 to improve the NDIS and support people with disability.

This includes a $732.9 million investment to lift the NDIA’s capability, capacity and systems to better support participants.

“We have listened to the concerns of the community and recognise that genuine change is required to deliver a Scheme that works for people with disability,” said NDIS Minister Bill Shorten in his statement.

  • Capability: $429.5 million investment in the NDIA’s workforce capability and systems
  • Better planning: $73.4 million to better support participants to manage their plan within budget
  • Flexibility: $63.8 million to take a lifetime approach to ensure plans are more transparent and flexible for life events
  • Independent living: $56.4 million to strengthen supported independent living decisions, including by introducing a home and living panel to improve consistency across decisions and updating guidelines for planners
  • Evidence-based supports: $29.3 million to support the quality and effectiveness of services and improve oversight of services
  • Blended payment trial: $24.6 million to work with participants and providers to trial blended payment models, to increase incentives for providers to innovate service delivery and improve outcomes
  • First Nations and remote communities: $7.6 million to pilot approaches to partner with communities to improve access to supports in remote and First Nations communities
  • Fraud: $48.3 million to crack down on fraud and non-compliant payments in the Scheme

Sustainability Framework

Minister Shorten also announced that the National Cabinet has committed to an NDIS Financial Sustainability Framework.

The Framework will provide an annual growth target in the total costs of the Scheme of no more than 8 percent by 1 July 2026, with further moderation of growth as the Scheme matures.

Funding for the Scheme is expected to double between 2022–23 and 2030–31.

15% pay rise for aged care workers

The Government is allocating $11.3 billion to support the Fair Work Commission’s decision to provide an interim increase of 15 percent to award wages for many aged care workers.

This is the largest ever wage increase for aged care, with more than 250,000 workers set to benefit from this decision in the new financial year.

International students working in the aged care sector are also exempted from the capped fortnightly work hour limit until 31 December 2023.

Aged Care Budget initiatives

In addition to a wage increase for workforce, the Budget also supports the following initiatives:

Sources

For more info about the 2022-23 budget, please visit the Treasury website.

See the Budget overview.

Read more about the aged care Budget initiatives.

Read The Hon Bill Shorten’s media release: Getting the NDIS back on track.

Read the 2022-23 Budget initiatives.

We stay updated on all things NDIS and aged care! Contact our team of experts to start services with Afea.

Afea Care Services
Afea Care Services

Latest from the Afea Blog

Explore More Content

NDIS Check-Ins

By Afea Care Services

Changes are coming to the NDIS, especially with the release of the Final Report of the independent NDIS review panel ...

read more

From social isolation to recovery: Satala’s story

By Afea Care Services

Anni and Satala (‘Suki’) have been married for 22 years. In 2020, Satala, who used to work as a scaffolder, ...

read more

NDIS Cancellation Policy

By Afea Care Services

Are you familiar with the NDIS cancellation policy? At the start of the 2022-23 financial year, the NDIA amended the ...

read more

Download Our Brochure

Struggling to understand the NDIS? Download our free brochure for all the information you need.

Download Now

Book a Free Consult Now

Struggling to understand the NDIS and would like to speak with someone? We'll be happy to chat.

Book Now