May 28, 2026 – 8.00pmMacquarie banker-turned-social entrepreneur Michael Traill is proposing a radical overhaul of the National Disability Insurance Scheme that would see the mass consolidation of 270,000 providers into a handful of operators run by a syndicate of social impact investors.Traill, a pioneer of social impact investing who has advised successive governments, is pitching the ambitious idea as a solution to Labor’s uphill battle to slash the scheme’s runaway growth and achieve $185 billion in critical federal budget savings over a decade.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles