Disability Services Australia – A Not For Profit Service Provider Has Gone into Administration
DSA has been around for a long time and with revenues of $108m is no small provider.
Financial Reports Show Revenue Increased >22%
The revenue in their financial reports shows an increase from $88m to $108m
Wages Increased By More
The wages increase was significantly higher than the year before.
Choice and Control – Revenue of Old School Providers May Drop As Participants Move to More Modern Providers
With choice and control for NDIS participants we expect that income may drop substantially, not due to funding issues, but rather due to the participants leaving for more modern providers. The change from block funding to participant choice and control under the NDIS could be a very hard change to make.