Labor's tax package to pass with Greens support; NDIS overhaul inquiry extended
By
Natassia Chrysanthos, Shane Wright
Summary
The Australian federal government's tax overhaul is set to pass with support from the Greens, who agreed to vote for the budget tax package in exchange for a two-month extension of the inquiry into the government's NDIS overhaul. The new laws will allow the government to cut future NDIS spending by $38 billion over four years and remove over 240,000 people from the scheme. The Coalition has indicated bipartisan support for the NDIS laws. However, with the $56 billion scheme growing at 11% annually, any delays will impact the budget.
Source
bskyLabor's tax package to pass with Greens support; NDIS overhaul inquiry extendedtheage.com.auKey quotes
· 3 pulledThe new laws will enable the government to cut future NDIS spending by $38 billion in the next four years, and remove more than 240,000 people from the scheme.
The Coalition has already said it plans to offer bipartisanship on the NDIS laws, meaning they are likely to pass.
With the $56 billion scheme growing at 11 per cent a year, any delays will cost the budget's bottom line.
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