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News update
News update

NDS pushes to maintain high service quality in NDIS costs submission to PC

NDS’s submission to the Productivity Commission on NDIS costs highlights critical matters that impact on the delivery of high-quality supports.
News update
News update

NDS proposes ways to improve the NDIS for people with psychosocial disability

NDS’s submission to the Joint Standing Committee on the provision of services for people with psychosocial disabilities aims to ease uncertainty about supports.
Submission
Submission

Social impact investing could stimulate service innovation

An NDS submission argues that social impact investing could have a role in supporting disability service innovation, although its scope is limited.

Social impact investing could stimulate service innovation

Young people's legs on a street

7/03/2017

I need to know this because:
  • Social impact investing could stimulate and support service innovation
  • NDS’s submission to the Federal Treasury highlights areas where further research into the use of social impact investing is warranted

While the National Disability Insurance Scheme (NDIS) is improving supports for people with significant and permanent disability, it is not the whole picture.

NDS is interested in how social impact investing could stimulate and support service innovation. Many disability service providers do not have adequate capital resources to support service innovation, and social impact investing is one way to address this.Caution must be used with this approach, however. Social impact investing typically requires tangible outcome measures. Outcomes achieved by a substantial proportion of the supports that will be funded by the NDIS (such as personal care and support to participate in community activities) cannot easily be measured; nor does successful service provision which improves the quality of life of service recipients generally result in a reduction of supports. Any investigation of social impact investing for disability services should take this into account.

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