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Policy News

Feedback sought on Child Wellbeing and Safety Information Sharing reforms

NDS is seeking member feedback on Victoria's proposed legislative model for Child Wellbeing and Safety Information Sharing reforms.
Policy News
Policy News

Registration of Interest process opens for DES providers

The Registration of Interest process to establish the new panel of DES providers is now open until 29 August 2017.

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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