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LOCATION:Macquarie University City Campus Level 24\, 123 Pitt Street Sydney 2000 NSW
DESCRIPTION:More Quasi than Market: Price Caps and Market Design in the NDIS
As of 2025-26\, the NDIS supports over 700\,000 participants at a projected cost of $52.3 billion. Recent reforms have targeted cost sustainability through tighter eligibility and reduced plan funding\, and we argue that a third\, largely untouched lever matters at least as much: the design of the market itself. Using administrative data\, we show that exit rates are very low and that around 80 per cent of participants use only one provider over an entire year. We also examine provider pricing behaviour around the 1 July 2025 price cap adjustments. Prices moved rapidly with the caps in both directions while service volumes were largely unchanged. Even providers pricing well below the cap raised their prices when caps increased\, suggesting that caps influence pricing behaviour beyond directly binding providers. Together\, these findings suggest the NDIS operates more quasi than market\, and the market discipline required to generate efficient outcomes is largely absent from the scheme.
Join us from 12.30 - 1.30pm at 123 Pitt Street (Level 24) or online via Microsoft Teams.
This is a free event for members and $10 for Non-Members
Registration and Joining this Webinar
To register please book online below. The link to join this event will be automatically generated and sent within your confirmation invoice.&nbsp\;
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URL;VALUE=URI:http://esansw.org.au/event/66573
SUMMARY:More Quasi than Market: Price Caps and Market Design in the NDIS
DTSTART:20260527T123000
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