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Policy News
19/02/2020
Policy News

Recent Victorian submissions, Workforce Longitudinal study results, and opportunities for NDS engagement

Recent submissions on the 2020-21 Victorian Budget and Worker Registration Scheme. Members are encouraged to consider joining one of our active Member Groups.
Policy News
14/01/2020
Policy News

Seeking feedback on NDIS market setting impacts on providers supporting participants with psychosocial disability

NDS is seeking feedback on the impact of NDIS market settings on providers supporting participants with psychosocial disability.
Policy News
29/11/2019
Policy News

Royal Commission into Victoria’s Mental Health System releases interim report

This report estimates the cost of mental ill health to the Victorian economy at $14.2 billion a year.

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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