We have an essential update regarding the adjustments to Specialist Disability Accommodation (SDA) pricing for the 2023/24 fiscal year that impacts both providers and participants in the SDA community.
Significant Changes in SDA Pricing for 2023/24
The recent adjustments to SDA pricing reflect a crucial development in the ongoing effort to ensure that funding accurately reflects current market conditions. These changes are vital for maintaining the sustainability and accessibility of high-quality accommodation for people with disabilities.
Key Highlights:
- Widespread Pricing Adjustments: As of June 2024, the Agency has updated SDA pricing in over half of the eligible participants’ plans. This substantial adjustment is a significant step towards aligning funding with the current economic landscape.
- Timeline for Completion: The remaining SDA funding adjustments are expected to be finalized by July 2024. Some plans may require further investigation to resolve specific pricing issues, but the NDIA’s goal is to expedite these resolutions.
- Annual Indexation: Participants’ plans will see an annual indexation with a Consumer Price Index (CPI) adjustment of 3.6% applied in July 2024. This adjustment is essential to preserve the value of the funding in line with inflation, ensuring the continued viability of SDA services.
What to Expect Moving Forward
The updated NDIS Pricing Arrangements for SDA and the SDA Calculator for 2024-25 will soon be available on the NDIS website. These resources will provide detailed insights into the new pricing structure and assist providers in effectively planning and claiming funding.
SDA Providers can expect updates in the coming month regarding the specific SDA funding adjustments made to participants’ plans in their enrolled dwellings. Further advice on claiming any outstanding funding related to these pricing adjustments will also be provided by the NDIA soon.
Stay Informed
As we navigate these important changes, it’s crucial for all stakeholders to stay informed and connected. The SDA community’s resilience and adaptability are key to ensuring these adjustments lead to improved outcomes for people living with disabilities in Australia.