A majority of renters still hope to own their own homes, according to research by a State housing body. However, two thirds of tenants now see the cost rental model as an longer term option, according to a survey published by the Land Development Agency (LDA). The LDA will be the main provider of cost…
Category Archives: News
More expensive energy and services boosted euro zone inflation as expected in September, data showed today, with core inflation also higher. The European Union’s statistics office Eurostat said consumer prices in the euro zone rose 0.5% month-on-month in September for a 3.4% year-on-year rise, as earlier estimated by Eurostat. While the headline number was well…
A public consultation is being launched today on the work of the Commission on Taxation and Welfare. Established earlier this year, the Commission is an independent body tasked by Government with reviewing how best the taxation and welfare system can support economic activity and income redistribution. The Commission is also examining ways of ensuring that…
The cost of insurance for businesses and voluntary groups continues to rise despite reductions in the value of certain personal injury awards introduced earlier this year, a new survey has found. The Alliance for Insurance Reform says recent insurance renewal costs are up 15% on average, despite the changes made by the Judicial Council being…
One in four householders believe they will still be paying off their mortgage or paying rent when they retire, according to research from insurer Aviva. The belief is most prevalent among women in the 35-44 year age category. However, a surprisingly large proportion of people aged over 55 – about a fifth – said they…
The increase in the state pension in last week’s budget together with the decision not to raise the retirement age are impacting on the sustainability of the overall pension system here, according to an international ranking of pension regimes carried out by consultants Mercer. The Mercer CFA Institute Global Pension Index (MCGPI) is a comprehensive…
One in four employers say they are concerned about a possible decline in productivity as they move to a hybrid working model. The finding is contained in a survey of 160 businesses here carried out by professional services firm Aon. About 60% of the businesses said they were unclear as to whether the complexity of…
Ireland’s EU Commissioner has said Europe will not allow Ireland to be singled out in the fallout if negotiations on the Northern Ireland Protocol end in failure. Mairead McGuinness was commenting on the potential for the country to be disproportionately affected if there is a breakdown of the Brexit trading arrangement designed to prevent a…
In the run up to the Budget, the Government’s plans had been characterised as potentially “risky” and at the limit of what could be considered “prudent” by the Irish Fiscal Advisory Council. But on Budget night, according to IFAC, the Government had put the economy on “a more prudent path”. What fiscal miracle had occurred?…
The value of average awards for personal injuries made by the Personal Injuries Assessment Board (PIAB) has fallen by 40% from last year’s levels, following the introduction of new Judicial Council guidelines in April. New research by PIAB shows that between 27 April and the end of September, average awards dropped from €23,877 to €14,233….