The Centre for Social Impact (CSI) at UNSW Sydney today released a much-anticipated report outlining market stewardship actions for the NDIS. The report comes on the back of recent recommendations made by the productivity commission and joint standing committee on the NDIS Public Inquiry.
Market stewardship refers to efforts to address market deficiencies; areas where there are gaps in the availability of services for individuals, most commonly due to geographic location, or specific needs.
Report author and CSI Research Director, Associate Professor Gemma Carey said, “There is a widely recognised need for market stewardship, but without clear strategies in place, the National Disability Insurance Agency (NDIA) will not be equipped to detect deficiencies until it’s too late, when it can be demonstrated that market failure has occurred. This report gives some clear actions to ensure equity of access to NDIS services, and efficient use of resources with fair distribution.”
The report notes that the capacity of the NDIA needs building to allow it to facilitate market stewardship in a successful way. It calls for immediate lifting of the staffing cap, a current barrier to future success.
The report looks at international lessons in market stewardship and makes key recommendations in line with NDSI market goals.
To download the report click here