Borrowers should not expect to see ultra low rates any time soon, regardless of today’s rate cut
Smart Money
Ireland’s high earners have doubled in number since pre-pandemic - they are now vital for income tax
As with corporation tax, income tax comes from a relatively small base and many of the better-off work for big corporations, demonstrating vulnerability in the system
An aspect of the party’s proposals that has received little attention would prove significant for those earning over €100,000
The State is putting an awful lot of cash in, but are taxpayers seeing a worthwhile return?
On Wednesday, the Federal Reserve signalled US interest rates were staying higher for longer, and the mood in Europe has shifted too, with implications for Irish mortgage holders
The commitment to put €6bn a year into long-term savings funds will knock a serious hole in headline general Government surplus
How green is your mortgage? The incentives to buy an A or B rated home are rising, but many cannot get hold of new builds and are left paying more expensive rates
State funds intend to save some of the massive inflow of corporation tax
As well as an emotional attachment to the family home, there are financial barriers for “empty nesters” who want to move to less spacious accommodation
Hybrid is the future - US research found average workers come in 2.6 days a week, while it is unlikely everyone will ever return for the full five
Top 10% richest households own 48% of the net wealth in the State
Interest rates are not coming down immediately, but they will fall later this year, posing a dilemma for those taking out mortgages
How much of this is driven by financial necessity or other factors?
Smart Money: Chances are they will be, but a lot of things have to go their way
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