“Cut the NDIS down by 75%… 25 odd billion a year”
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Said on Straight Talk with Mark Bouris
“We can disappear the budget deficit overnight. The NDIS is basically the budget deficit… we’re spending… 50 to 60 billion a year on the NDIS and Australia’s budget deficit is about 60 billion a year”
Straight Talk with Mark Bouris · Economist Chris Joye WARNS: "We're Going Into Recession" And How We Fix It
Play from 21:28
21:28
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What was described
Suggest eliminating the NDIS spend (~$50-$60 billion) to erase the budget deficit
$50-$60 billion NDIS spend, $60 billion annual budget deficit
Said nearby on the same subject
“The accounting industry in Australia is a $30 billion industry with over 30,000 practices; only about 20 firms have >$100 m revenue and 50-60 have >$20 m.”
ME
Mark Emney
With Interest ·
“EU is now talking about a $1 billion a day trade deficit with China”
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Said on WSJ What’s News
“The $4 billion of that $6 billion came from the disappearance of the contingency reserve… it’s a record high and its removal shrinks the deficit figure”
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Said on The Money Café with Alan Kohler
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