Central Bank warns Government budget spending spree will stoke inflationIrish economy operating at capacity with unemployment at multi-decade low of less than 4%, regulator saysWed Jun 21 2023 - 04:00
Solo first-time buyers of new homes in Ireland have average income of €67,000Increased housing supply moderating house price inflation, report by Banking and Payments Federation Ireland report also suggestsTue Jun 20 2023 - 04:00
European shares slide, Germany’s Dax retreats from record highTrading thin on Monday with US markets shut for a public holidayMon Jun 19 2023 - 21:15
Government failed to spend 25% of social and affordable housing budget in 2022New figures highlight substantial underspend in housing at time of acute shortagesMon Jun 19 2023 - 05:05
Irish Government might be world’s only administration trying to hide its financial position because it is too goodA big worry is how long more the golden goose of the Irish economy - corporation tax - will keep laying diamond-encrusted Fabergé eggsSun Jun 18 2023 - 13:38
Corporate tax receipts likely to be €2bn above forecast on back of increased iPhone sales Rise in receipts to record €26bn linked to jump in contract manufacturing by several Irish-based firmsSun Jun 18 2023 - 07:18
More ECB interest rate rises on the way as inflation battle still in playFrankfurt says fight against inflation is far from over with Christine Lagarde almost guaranteeing another 0.25% rate jump next monthThu Jun 15 2023 - 19:49
ECB tightens squeeze on mortgage holders with further 0.25% rate hikeFrankfurt’s latest increase is being viewed by markets as the penultimate increase in the current sequenceThu Jun 15 2023 - 13:15
‘Cliff edges’ in tax and benefit system may be disincentivising work, ESRI study indicatesResearch says there are sharp cut offs and drops in disposable income above certain points when it comes to PRSI and USCThu Jun 15 2023 - 05:30
Oxfam Ireland says taxing Ireland’s super-rich could net exchequer €8bn a yearChief executive tells Oireachtas committee that levels of inequality between world’s richest and poorest people mirrored those in 19th century AmericaWed Jun 14 2023 - 18:39
House price growth slows to 3.6%, lowest rise in two yearsHigher interest rates and wider cost-of-living pressures are squeezing buyersWed Jun 14 2023 - 11:10
More pain ahead for borrowers as ECB eyes next rate hikeECB expected to lift interest rates by a further 0.25 percentage point on ThursdayWed Jun 14 2023 - 05:00
Lack of infrastructure could hit new housing, construction industry warnsBuilders lobby say a lot of land zoned for housing is difficult and expensive to serviceTue Jun 13 2023 - 16:06
Ireland faces a brewing arrears problem centred on property funds - and usual response isn’t going to fix itRegulator is caught between protecting consumers and maintaining financial stabilitySun Jun 11 2023 - 14:20
Up to 73% of social housing coming from private sectorGovernment funds delivery of 7,433 social homes in 2022Thu Jun 08 2023 - 19:33
Inflation rate falls for third month in a row but restaurant and hotel prices show significant risesThe most significant monthly price increases were recorded in restaurants and hotels and in alcohol and tobaccoThu Jun 08 2023 - 11:59
Shares flirt with 13-month high in listless tradePan-European benchmark Stoxx 600 index dips 0.19 per cent as investors pause ahead of ECB and Fed meetingsWed Jun 07 2023 - 18:35
Mortgage holders likely to face two more rate hikes, Central Bank governor says Gabriel Makhlouf’s comments reflect concerns that while headline inflation is falling, underlying price growth remains strongWed Jun 07 2023 - 12:33
OECD warns Ireland about ‘partly transient’ corporate tax receipts Paris-based agency says global economy is turning a corner but faces a long road ahead to attain strong and sustainable growthWed Jun 07 2023 - 08:00
Political pressure for tax cuts now ‘poses risk to public finances’Budgetary watchdog cautions Coalition on expenditure, noting move could stoke price and wage pressure in economyWed Jun 07 2023 - 00:00
Rapid hike in interest rates leaves global economy in ‘precarious position’, World Bank warnsWashington-based lender says restrictive global credit conditions have triggered sharp slowdown in growth while intensifying risk of financial stressTue Jun 06 2023 - 15:43
Proposals to ease auditing burden on SMEs welcomedImpediment of having to be audited for two years sees firms having to pay significant fees, says Association of Chartered Certified AccountantsMon Jun 05 2023 - 06:00
Ireland’s winning economic model comes with a risk that’s never really been testedBack-to-back quarters of negative growth recorded as economy hits full employmentSun Jun 04 2023 - 13:23
Majority want USC to be scrapped in October’s budgetSeen and heard: Push against USC, Ryanair’s call for third terminal and Singapore fund buying up rentalsSun Jun 04 2023 - 10:26
Ireland’s confusing economic metrics muddy the pictureBuoyant labour market sits alongside back-to-back quarters of negative growthFri Jun 02 2023 - 17:24
Strong exchequer numbers likely to increase clamour for tax cutsLatest figures from Department of Finance show Government collected €33.1 billion in taxes over the first five months of the yearFri Jun 02 2023 - 16:34
Irish economy falls into technical recession as GDP contracts for second consecutive quarterLatest CSO figures, however, shows personal spending on goods and services, a key measure of domestic economic activity, roseFri Jun 02 2023 - 11:36
Housing demand nationally up by 17%, says property website Daft Firm estimates demand for new homes, specifically, rose up by more than 100% in 12 months to May this yearFri Jun 02 2023 - 05:00
Rate of young people living with their parents jumps as housing costs soarReport highlights impact of unaffordable housing on young people and precarious situation of private market rentersThu Jun 01 2023 - 00:37
Just three firms account for a third of corporation tax receipts, report findsIrish Fiscal Advisory Council report suggests business tax base even more concentrated around small number of firms than previously thoughtThu Jun 01 2023 - 00:01
Average weekly earnings in Irish economy rising by 4.3%CSO data suggest that while wage growth is relatively strong, it is not rising at an alarming rate on the back of wider inflationary pressuresWed May 31 2023 - 12:51
Unemployment in Republic hits record low of 3.8%, eclipsing Celtic Tiger figureCSO says the seasonally adjusted number of people classified as unemployed in May was 103,300Wed May 31 2023 - 12:21
Inflation in Irish economy falls to 5.4% but underlying price growth remains strongLatest HCIP for Ireland shows core inflation, a price gauge that excludes volatile items like food and energy, rose to 5.7 per cent in May, keeping the pressure on householdsWed May 31 2023 - 11:38
Coalition urged to reduce tax burden on smaller landlordsIrish Property Owners Association claims State is ‘out of step’ with other countries in supporting property ownersWed May 31 2023 - 05:00
Land value sharing could add €35,000 to cost of homes, claims building industry Construction Industry Federation to say Coalition proposals to levy tax on rezoned land could scare off investmentWed May 31 2023 - 05:00
Revolut adds 5,000 Irish businesses to platform in past yearFintech says rollout of Ibans for corporate clients comes during a period of ‘bumper growth’Tue May 30 2023 - 05:04
Retail sales climb as car sales surgeLatest CSO figures show retail sales in volume terms rose by 7.5 per cent in annual terms in AprilMon May 29 2023 - 11:51
Vulture funds don’t treat borrowers the same as banks, so why did our leaders say they do?Regulators and ministers claimed that all borrowers would be treated equally, but the recent hike in interest rates suggests otherwiseSun May 28 2023 - 12:00
Central Bank reports 57% drop in profit as higher interest rates hit balance sheetRegulator links smaller surplus to greater provisioning against higher interest rates and a fall in interest incomeWed May 24 2023 - 16:52
Employment in Irish economy surges to new high of 2.6m despite price squeezeNumber of working-age adults in employment increased by 102,700 or 4.1 per cent in the last year, latest CSO figures indicateWed May 24 2023 - 12:02
Typical income of first-time buyers of new homes in State above €90,000Banking and Payments Federation Ireland notes affordability gap in Irish property market via reportWed May 24 2023 - 00:00
Dublin councils paying up to twice as much for social housing than regional counterpartsSignificant disparity in construction costs between Dublin councils and other local authorities, according to Department of Housing’s internal figuresTue May 23 2023 - 05:00
European stocks muted as concerns linger over US debt ceilingPan-European Stoxx 600 index largely unchanged, after touching a more than one-year high on FridayMon May 22 2023 - 18:27
Wholesale electricity prices down 42.5% but consumers told not to expect lower bills yetCSO data point to major fall-off in wholesale energy prices from peak of energy price surge last yearMon May 22 2023 - 13:30
State-backed organisation to invest €68m in leading decarbonisation funds Ireland Strategic Investment Fund signals cash injection for emerging domestic decarbonisation and energy tech firmsMon May 22 2023 - 05:30
Dublin has third lowest level of low-cost housing in worldJust 1.23 per cent of properties in Dublin are on the market for less than half the median price, report saysSun May 21 2023 - 16:57
Majority of taxpayers want more energy credits to battle cost-of-living squeeze Irish households have received three lump sum credits to the value of €200 each, totalling €600Sun May 21 2023 - 15:15
Emissions data send Government into spin modeEurostat figures once again paint Ireland as Continent’s chief climate villain, but they overstate our carbon footprintSun May 21 2023 - 14:03
C&C shares plunge after company incurs €25m charge related to new system headacheDrinks company also announces departure of chief executive David Forde, who steps down after almost three yearsFri May 19 2023 - 07:53
European stocks climb on US debt ceiling optimismInvestors weigh risks of further monetary policy tightening by European Central Bank and of US recessionThu May 18 2023 - 18:52
