Recessionberg chokes NDIS for surplus

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The economy is quietly falling apart as stall speed meets multiple shocks. It needs a fiscal boost. But L-plate Treasurer Josh Recessionberg has other ideas. Namely, less spending, via Domain:

NSW and Victoria have accused the federal government of prioritising a budget surplus over people with a disability by refusing to release $1.6 billion in critical unspent NDIS funding.

In a bipartisan attack on the federal government, NSW Disability Minister Gareth Ward and his Victorian Labor counterpart Luke Donnellan are demanding the funds be released immediately.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.