Wednesday, September 20, 2017

Balancing the books the greatest priority of his government, says Taoiseach

Taoiseach Leo Varadkar has said that balancing the books for the first time in ten years is the greatest priority of his government, the Dáil has heard, writes Daniel McConnell, Irish Examiner Political Editor.
In the first Leaders' Questions of the new Dáil year, Mr Varadkar said that public spending will increase next year by €1.5bn and will be spent on better services and improved infrastructure.
“We are not going to repeat the mistakes of the past, but we are going to learn from them,” said Mr Varadkar to Labour leader Brendan Howlin during testy exchanges.
“I didn't twist your words, Deputy Howlin, you twisted mine,” Mr Varadkar said as he described Mr Howlin's comments as “nonsense”.
Mr Howlin called on Mr Varadkar not to waste the additional money available to Government next year by reducing taxes, but rather to spend it on increasing services, specifying four examples.
The Labour leader said the proposed cuts will mean €4 a week to the top earners or €2 a week to lower paid workers, adding no one will see any benefit from that.
Mr Varadkar was also pressed by Independent TD Noel Grealish on the threat of a pull out by Apple from their planned €850 million development in Galway, and called on the Taoiseach to give a commitment that planning laws would be changed to ensure such large developments are not jeopardised.
The plant would be the most significant development in the West of Ireland if it goes ahead.
Mr Varadkar said he has spoken recently with senior Apple officials who voiced their frustration at the delays in the planning process but said they remain committed to the Athenry site.
The Taoiseach said he was concerned that such delays could jeopardise future projects in Ireland and said it is a matter which is under review.
“I agree with your sentiments, decisions should be made quickly. It is frustrating that such decisions are delayed and it is not limited to the private sector,” he said.
“We will work very hard to bring this project to fruition,” Mr Varadkar said.
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UK must address Irish border question before negotiations continue, EU negotiator

The UK must address its failure to present a workable solution to the Irish border problem before Brexit negotiations can proceed to the next stage, a key player in the European Parliament has warned.
The parliament’s Brexit co-ordinator Guy Verhofstadt said the answer could lie in Northern Ireland remaining in the customs union and single market post-Brexit, even if the rest of the UK leaves those structures.
However, the Belgian MEP stressed the onus was very much on the UK Government to propose an acceptable resolution, insisting the ideas tabled by Whitehall to date were not up to scratch.
Mr Verhofstadt was in Belfast at the start of a two-day fact-finding mission to the island of Ireland. He met the leaders of the region’s main political parties at Stormont before heading to the border to hear the concerns of those living on what will be the UK’s only land frontier with the EU.
He told the Press Association a "unique solution" was needed to avoid a hard border.
"A unique solution in that there is no resurrection of a hard border in Northern Ireland because that is not in the interests of business in Northern Ireland and Ireland, neither in the interests of the citizens," he said.
"That is also the reason I am here - to hear from the political parties in Northern Ireland how they can find this solution even though we all know this unique solution has to be proposed by the UK side, because the problem is a consequence of the decision of the UK to leave the European Union."
The former Belgian prime minister will spend Thursday in Dublin, where he will meet Taoiseach Leo Varadkar and also address a special joint sitting of Irish parliamentary committees.
Mr Verhofstadt, who is the link man between the EU negotiating team and the European Parliament, voiced scepticism about the UK’s position paper on the border post-Brexit, a document that suggested there would be no need for physical customs checks on the frontier even if the UK was outside the customs union.
"For the moment we don’t see a workable solution being put forward by the UK Government," he said.
In an interview with RTE Radio One, he added: "There are possibilities, for example you could imagine one proposal on the table that Northern Ireland continued to be part of the customs union and even of the single market.
"The point is it is the UK Government that has to come forward with such unique solutions."
The MEP’s visit comes ahead of next month’s crucial summit in Brussels when leaders of the EU 27 will decide whether sufficient progress has been made in the first phase of negotiations to progress talks to focus on future trading relations.
The EU has insisted progress has to be made in three key areas: citizens’ rights, the size of the UK’s exit bill and the shape of the Irish border post-Brexit.
Asked about speculation Prime Minister Theresa May will outline a sum the UK is prepared to pay in a keynote speech on Friday, Mr Verhofstadt said: "Let’s have the speech of Mrs May and then we can make an analysis."
He said there remained a "dispute" on the exit bill and that there were "big differences" in terms of both sides’ position on citizens’ rights.
European MP Diane Dodds joined her party leader Arlene Foster in the Democratic Unionist delegation that met Mr Verhofstadt at Stormont.
Afterwards, Mrs Dodds insisted Northern Ireland could not be treated any differently to the rest of the UK.
"We would not countenance and indeed it would be calamitous for the economy in Northern Ireland if there were barriers to trade with our largest partner which is the rest of the United Kingdom," she said.
Responding to Mr Verhofstadt’s claim that the onus for drawing up a solution rested with the UK, Mrs Dodds added: "These talks will only be successful if the two sides are willing and able to talk through a sensible solution to Brexit.
"So therefore soundbites like this ... will not reflect the reality of the solution when it comes."
Sinn Fein’s Stormont leader Michelle O’Neill said she had found Mr Verhofstadt very understanding.
"We’ve made very clear to him today the issues which we need to see - we need to remain in the customs union, we need to have access to the single market, we need to see no return to hard borders and to see citizens have access to the European Court of Justice," she said.
Mrs O’Neill added: "At least he’s had the manners to come and talk to people about the implications which is far more than any British minister has done."
SDLP leader Colum Eastwood said there was an "economic and political tsunami" heading for Northern Ireland.
He said Mr Verhofstadt shared his party’s position.
"He has the right position," said Mr Eastwood.
"He understands that we need to accommodate the unique circumstances in Northern Ireland, he understands that people in Northern Ireland voted to remain and that has to be respected."
UUP leader Robin Swann said the lack of a powersharing executive at Stormont, due to an ongoing political stalemate between the DUP and Sinn Fein, was harming the region at a crucial time.
"It was shame and disgrace today that we were meeting as individual parties and there wasn’t an executive representing Northern Ireland in what is a crucial moment and crucial activity in how Northern Ireland progresses at this moment in time," he said.
Former Alliance party justice minister David Ford said their discussions had included how the UK’s withdrawal from the EU could impact on cross-border security issues.
Mr Ford said: "We had significant discussions on the potential dangers of the UK moving away from the EU arrangements, the need to remain full members of international bodies such as Europol and Eurojust to ensure that the UK plays a part in setting the regulations."
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Wednesday, September 13, 2017

Housing expert questions 'how the cost of building an apartment has gone up by €90k'

It is not viable to build so-called affordable apartments due to the cost of construction, according to a report from the Department of Housing.
The report finds that the profit margins on apartments worth €240,000 to €320,000 are too slim.
However, a housing expert has questioned the figures in the report leaked to the Irish Times, saying they appear to have risen astronomically in two years.
Government sources said builders would have to get a profit margin of 10-12% to make it viable, but the profit on an apartment could fall short of that at the moment, whereas they could make a profit just above that level when building a house.
Lorcan Sirr suspects that the department got its information from builders, rather than from independent sources.
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He said: "It will be interesting to see how the department got the figures. What is really interesting is that two years ago, less than two years ago, the department also did some research into the cost of building an apartment and discovered that it was on average around €230,000.
"So, I'm really curious to see how the cost of building an apartment has gone up by €90,000 when construction costs have only risen by about 7%."
Head of the Construction Industry Federation, Tom Parlon, says there are too many costs associated with building apartments.
He said: "Less than 45% of the final cost is actually for bricks and mortar.
"So then you look at the other big ones, the site cost is substantial and new different initiatives now, whether it be site levies or whether it be anti-hoarding taxes. We just have to see how they are going to work."
Mr Sirr agrees that the cost of land is prohibitive, but wonders if next month’s budget will address this.
He said: "I think what we'll see in the Budget are probably some carrots again thrown to housebuilders to encourage them.


"But again the issue isn't necessarily the number of houses, the issue is the price they'll be sold at."
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ESRI suggestion to raise the age of retirement to 70 has attracted a lot of reaction

Irish people could have to work until they are 70 to qualify for a state pension.
The measure has been tabled by the Economic and Social Research Institute as a way of protecting the economy, but critics have been quick to react.
The qualifying age for a state pension in Ireland is already one of the highest in the EU and is due to rise further over the next 10 years.
Traditionally people have retired at 65, but the bailout agreement and living longer means the age we qualify for the state pension has been rising.
At the moment it is 66, but it is going up to 67 in 2021 and hitting 68 by 2028.
That means if you were born from 1960 on, you will not get a state pension until the age of 68.
The Government’s economic think tank has now suggested going further, allowing people to hit 70 before qualifying, so as not to overhear the economy
Justin Moran of Age Action Ireland says it will put people’s health in danger.
He said: "How long are we going to expect people working in physically demanding jobs - like construction, agriculture, care provision - to keep going, to keep putting wear and tear on their bodies before we let them retire on a fair and sustainable state pension?"
Many people already work well into their 70s but Fianna Fáil’s education spokesperson, Thomas Byrne, says that is by choice and his party would have to consider this suggestion.
Mr Byrne said: "I'm not going to give a definitive party position either way. It has only come out and I'm sure Willie O'Dea is looking at it.
"There are a lot of people out there still working, including my own father, into their 70s, and some of them by necessity."
Other groups have made similar suggestions, a cross-department working group last year told Minister Paschal Donohoe that retiring at 65 was increasingly impractical and the Citizens Assembly voted overwhelmingly earlier this year to end a mandatory retirement.


However, they were about choosing to work on, not having to work 50 years or more from the age of 20 to 70 to qualify for a state pension.
 
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Dundalk to see 125 new jobs at Graebel over next three years

There is good news on the jobs front for County Louth.
Graebel Companies is creating 125 positions in their Financial Shared Services and Operations Centre in Dundalk.
Recruitment at the firm, which provides workforce and workplace mobility services, is already underway and is expected to be completed over the course of three years.
The roles will be in their customer support, general ledger, treasury and compliance areas.
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Craic Clothing pulls gangland slogan t-shirts after backlash

The company behind controversial t-shirts about Dublin's gangland feud has apologised.
Craic Clothing had advertised t-shirts and hoodies that were branded with the slogans ‘Team Kinahan’ and ‘Team Hutch’.
The company has since pulled the items and apologised for any offence caused saying it was a "stupid idea."
But Chairperson of the Inner City Organisation’s Network, Seanie Lambe, has said the damage has been done.
"What horrified me most was that somebody had such little compassion for the families involved and the innocent people that have been killed," he said.
"It is just absolutely outrageous, the idea that anybody should come up with that to make money."
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Wednesday, August 30, 2017

Gibson Hotel in Dublin's Docklands put up for sale

One of Dublin's most exclusive hotels is up for sale with a price tag of €87m.
The Gibson in the Docklands, Point Village has a four-star rating with more than 250 bedrooms.
The hotel which opened seven years ago has been placed on the market by receivers Grant Thornton acting for NAMA.
Tom Barrett of Savills is overseeing the sale, and he explained who might buy the hotel.
He said: "It's likely to be a long-term investor, so something like a pension fund, institutional money, that type of investor will be interested in this property.
"We have see quite a bit of that coming to Dublin in recent years."
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