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Australia News Live: Rental Vacancies At Record Low In Most Big Cities And Prices Rising

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Data shows the market is at its tightest ever with rents going up in most capitals. Follow today’s news live

Good morning, Nick Visser here to snag the blog. Let’s get to it.

Sweeping changes to the national disability insurance scheme are expected to save the federal budget $35bn over four years, the health minister, Mark Butler, has confirmed.

It’s a significant figure but one that we are confident is necessary to get this thing back on track. After all, what we are trying to do is secure its future in the long term.

But they were up for the challenge. Disability ministers are talking with participants every single day. They’re talking with disability providers, and all of them are saying they want a better quality of service delivered to them.

They want, they want this sort of free-for-all market that’s grown up over the last 10 years or so, cleaned up. They want to see the fraud cleaned up. They want to see more integrity into the system. So there’s a lot of enthusiasm for the job of getting this thing back-on-track.

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