€5bn Plan ‘Can Save 40k Building Jobs’
Ireland could avoid the loss of 40,000 construction jobs this year by building roads, schools and hospitals with a proposed €5bn Government stimulus package. Ken Cribben, president of the Society of Chartered Surveyors (SCS), told attendees at the society’s annual dinner in Dublin last night that thousands more jobs are in immediate danger. The society […]
Taxman in Crackdown on NAMA and Black Economy
Revenue has been given a number of new powers under the Finance Bill ranging from the policing of the black economy to the monitoring of tax compliance at the new National Asset Management Agency (NAMA). As the Government attempts to beef up its tax take against the backdrop of the economic downturn, the Revenue will […]
Banks ‘Helping 30,000 Mortgage Holders’
As many as 30,000 mortgage holders are being facilitated by the banks due to their difficulties in meeting their monthly repayments, according to the Irish Banking Federation. Banks are working with their customers to help them though the current difficult period that has resulted in over-lending by the banks and over-borrowing by some of their […]
Debt Recovery
Social Protection Minister Joan Burton has said that the European Central Bank (ECB) needs to change the way it approaches the recovery of debt. Minister Burton today said the current structure is ‘fairly inflexible’, designed largely for the German economy, and has to evolve. Her comments come amid continuing controversy over comments by Transport Minister […]
Solicitor Wins Appeal on Mahon Refusal
A solicitor has won his Supreme Court challenge to the Mahon planning tribunal’s refusal to hear submissions from him before proceeding to inquire into land deals in Co Dublin in which he was allegedly involved with former Fianna Fáil TD Liam Lawlor and businessman Jim Kennedy. The three-judge Supreme Court ruled that the tribunal should […]
New Child Protection Measures
Child Protection: Minister for Justice Alan Shatter has said promised child protection measures are “very much on target”, with legislation to be published by the end of next month. Mr Shatter said moves to put the obligatory reporting of child abuse to gardaí, as well as the vetting of adults who work with children, on […]
Appointment of Special Manager to Credit Union by the High Court
The first application of its kind was made before the High Court last Friday seeking to appoint a special manager to Newbridge Credit Union. The application comes as Credit Unions around the country are faced with increasing arrears and increased regulation on corporate governance. The special manager will take over the running of Newbridge Credit […]
Property Boom Bust Boom?
I read with interest yesterday that there have been fewer house builds completed in Ireland since 1970, 10,500 last year. At the height of the boom we were building 90,000 houses a year! I have been urging my clients to hang onto their houses where they can and especially with the new debt relief provisions […]
