NSW Market Position Statement
The National Disability Insurance Agency (NDIA) has released the New South Wales Market Position Statement (MPS), the first in a series to be developed by the NDIA. This MPS will help inform current and prospective providers, and market stakeholders more broadly, of the opportunities the National Disability Insurance Scheme (NDIS) will create in coming years. It provides a high-level look at New South Wales (NSW) with an initial module focusing on Western Sydney.
The NDIS market will expand significantly in coming years, creating opportunities for the existing sector and new entrants, as well as for mainstream businesses to make their services more accessible and inclusive to people with disability. It will also drive employment opportunities and economic development activities in communities around the State.
Market highlights include:
- More people: The NSW market for disability supports is estimated to grow from 78,000 people in 2016 to 142,000 in 2019
- More funding: The level of annual expenditure is estimated to grow from $3.4 billion to $6.8 billion in 2019
- More jobs: The workforce required to service this demand is estimated to grow from 24,750 - 30,250 to 48,400 - 59,200 FTE in 2019
- The biggest markets will be South Western Sydney and Hunter New England, with Western Sydney a high growth market
- Scheme experience in the Hunter trial site shows the largest support category by committed funding is Assistance with daily life and represents almost 80 per cent of funded supports to date
- Western Sydney: The Western Sydney market will see another 8,100 participants enter the NDIS, a growth of $390 million in funded supports, and an additional 2,700 - 3,300 FTE in jobs to deliver these services
Given this MPS is the NDIA’s first, we would also like to hear your feedback to allow us to improve future MPSs. In particular:
- What information you found useful?
- What needs further clarification?
- What additional information would you like to know that the NDIA can provide?
- Whether this MPS was easy to read/understand?
You can provide feedback to firstname.lastname@example.org.