A blowout in spending on the National Disability Insurance Scheme has forced the Australian government to make tough cuts to rein the program in ahead of its May budget.

On this week’s episode, economy reporter Swati Pandey discusses how NDIS spending rose so rapidly, concerns about misuse of the program, and how the government plans to fix it with greater oversight, curbs on fraud and tighter eligibility rules.

A blowout in spending on the National Disability Insurance Scheme has forced the Australian government to make tough cuts to rein the program in ahead of its May budget.
On this week&rsquo;s episode, economy reporter Swati Pandey discusses how NDIS spending rose so rapidly, concerns about misuse of the program, and how the government plans to fix it with greater oversight, curbs on fraud and tighter eligibility rules.

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business. 

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.

The Bloomberg Australia Podcast

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.

How the NDIS Became a Budget Blowout, And the Race to Fix It

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e77c0146-dfbc-46f6-a0d5-b435003b3a2e/transcript

Australia’s mining giants are entering a new phase. After years chasing mega deals that never quite landed, the focus is shifting to discipline – cutting costs, reviewing assets and doubling down on metals like copper that are critical to the energy transition. But that shift comes as operating pressures build, from rising input costs to weather disruptions and tighter supply.

On this episode, mining reporter Paul-Alain Hunt breaks down what’s driving the reset – and what comes next. We look at how the war in the Middle East is adding to cost pressures, why mega mergers are struggling to get over the line, and what leadership changes at BHP and Rio Tinto mean for the industry’s future.

Australia&rsquo;s mining giants are entering a new phase. After years chasing mega deals that never quite landed, the focus is shifting to discipline &ndash; cutting costs, reviewing assets and doubling down on metals like copper that are critical to the energy transition. But that shift comes as operating pressures build, from rising input costs to weather disruptions and tighter supply.
On this episode, mining reporter Paul-Alain Hunt breaks down what&rsquo;s driving the reset &ndash; and what comes next. We look at how the war in the Middle East is adding to cost pressures, why mega mergers are struggling to get over the line, and what leadership changes at BHP and Rio Tinto mean for the industry&rsquo;s future.

War, Diesel and Deals: Why Mining Giants Are Under Pressure

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/46f7770c-cd1e-45cd-bec2-b43c003384ee/transcript

The war in the Middle East is sending shockwaves through global fuel and fertilizer markets, and that’s flowing through to what farmers are planting in Australian paddocks this season.

On this week’s episode, agriculture reporter Ben Westcott breaks down what this means for Australia’s grain production, food security, grocery prices and exports.

The war in the Middle East is sending shockwaves through global fuel and fertilizer markets, and that&rsquo;s flowing through to what farmers are planting in Australian paddocks this season.
On this week&rsquo;s episode, agriculture reporter Ben Westcott breaks down what this means for Australia&rsquo;s grain production, food security, grocery prices and exports.

How the Iran War is Shaping What Australia Grows

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ac0a348e-24f9-4723-b3b3-b42e00187c98/transcript

Global markets have been rocked by the escalating conflict between the US, Israel and Iran — and Australians are starting to feel it in their super balances. After one of the worst months since 2022, many investors are nervously checking their accounts and wondering how much damage has been done.

On this week’s episode, pensions reporter Amy Bainbridge breaks down what the volatility means for your retirement savings, why funds are urging members not to panic, and what history tells us about riding out market shocks.

Global markets have been rocked by the escalating conflict between the US, Israel and Iran &mdash; and Australians are starting to feel it in their super balances. After one of the worst months since 2022, many investors are nervously checking their accounts and wondering how much damage has been done.
On this week&rsquo;s episode, pensions reporter Amy Bainbridge breaks down what the volatility means for your retirement savings, why funds are urging members not to panic, and what history tells us about riding out market shocks.

How Hard Has the Iran Crisis Hit Super Funds?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/2049ed1b-c550-4c7c-9db8-b4270016dfa7/transcript

How the NDIS Became a Budget Blowout, And the Race to Fix It

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