Overview
- Prime Minister Anthony Albanese opened the door to sweeping changes to the National Disability Insurance Scheme in the May budget, saying the program must stay sustainable to keep public support.
- He said the government will not introduce means-testing, arguing eligibility should rest on a person’s disability and their ability to take part in society.
- The government is considering curbing investor tax breaks, with options reported to include reducing the capital gains tax discount and overhauling negative gearing to help younger buyers get a foothold.
- NDIS costs hit $46.1 billion in 2025–26 and are forecast at about $55.1 billion next year, with Labor reported to be working toward a 5 percent annual growth target for the scheme.
- Albanese extended his Asia trip to meet leaders in Brunei and Malaysia to firm up fertiliser and fuel supplies, as ministers flagged possible budget help for households facing high pump prices.