About this episode

Michael Traill discusses the inefficiencies of the NDIS and how private equity principles can improve the care economy.

In this episode, we welcome back Michael Traill , the co-founding partner of For Purpose Investment Partners (FPIP). Michael joins host David Clark to address the inefficiencies dominating headlines with the National Disability Insurance Scheme (NDIS) currently facing a $56 billion sustainability crisis fueled by un-registered providers, fragmented technologies, and unsustainable operating margins. Michael was recently Chair of the Paul Ramsay Foundation, Chair Investment Committee Palisade Impact, former Chair of the Commonwealth Government Social Impact Investing Taskforce. Prior to founding FPIP, as the founding CEO of Social Ventures Australia Michael co-led a consortia to create Goodstart Early Learning, which delivered investors a 12% return and created one of Australia’s largest social enterprises. He also co-founded Macquarie Bank's private equity arm. Michael reveals how applying rigorous private equity disciplines to long-dated, non-profit ownership structures can actually outperform traditional markets. Using the remarkable $165 million turnaround of Goodstart Early Learning and the rapid expansion of For-Purpose Aged Care, he illustrates how focusing on service…

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