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Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Regulatory and Legislative Changes Required for the Transposition of the Adequate Minimum Wages Directive: Discussion (24 Jan 2024)

Matt Shanahan: ...is that we need to work within the legislation that we have. It more than does enough at this present time. Although what Ms McElwee is looking for might advance the position of trade unions, I am not sure it is going to advance the competitiveness of Ireland Inc. Ms McElwee said in her submission: The Commission report confirms that the design of the framework is entirely up to...

Joint Oireachtas Committee on Agriculture, Food and the Marine: Threat of Bark Beetles to Plantations: Discussion (17 Jan 2024)

Matt Shanahan: ...that situation. The economic hit of beetle coming into this country would be appalling from the point of view of the farming sector, the people who are invested, the climate action programme and Ireland Inc.'s strategic plan. That is what I am talking about. I think we need a task force and with all due respect, it should not be Department led. If I want to examine my driving, I do not...

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Skills and Apprenticeship Landscape in Ireland: Institute of Physics (11 Oct 2023)

Matt Shanahan: ...allow everybody to have access to the same information and outputs. Where do our guests see the challenges? There are obviously huge opportunities, without a doubt, but what are the challenges for Ireland Inc. in trying to harness that AI and not be left behind? It is obvious that other countries are moving ahead far more quickly than we are here.

Financial Resolutions 2022 - Budget Statement 2023 (27 Sep 2022)

Matt Shanahan: ...and buying power. It is significantly impacting our SME sector and it will impact our employment and standard of living. Rising European interest rates, designed to curb inflation, are destabilising Ireland Inc. from an economic perspective. The budget that was announced today, with budgetary measures of €6.9 billion, plus a once-off measure of €4.1 billion, marks this...

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Pre-legislative Scrutiny of the Companies (Protection of Employees' Rights in Liquidations) Bill 2021: Discussion (6 Jul 2022)

Matt Shanahan: ...look across the Continent and say that we are paying a very low rate. This is about competitiveness. If those rates rise, it will reduce our international competitiveness, which is a problem for Ireland Inc. in future. I thank the witnesses for coming in. We need to look at this. Workers' rights and redundancy have to be protected but it must be done in a way that does not damage our...

Finance (European Stability Mechanism and Single Resolution Fund) Bill 2021 [Seanad]: Second Stage (10 Nov 2021)

Matt Shanahan: ...there are onerous terms to the lending, it will make people look long and hard about the spending they are going to do and the proposed oversight that is going to be implemented. This is an area that Ireland Inc. has to be very careful about. As I said, there is no doubt we need European stability at the moment, particularly in light of where Brexit is at and where it is potentially...

Maritime Area Planning Bill 2021: Second Stage (Resumed) (16 Sep 2021)

Matt Shanahan: ...of the Bill will help Ireland to meet its climate action and renewable energy targets. There are very lofty goals within this proposed legislation. Who are the stakeholders? They include Ireland Inc., our coastal communities, our ports and regions, those who draw their living from the ocean, those involved in energy generation and the tourism sector. What are the opportunities? They...

Independent Beef Regulator: Motion [Private Members] (26 May 2021)

Matt Shanahan: .... We can understand social sustainability as what I would describe as the retention of regional and rural Ireland, with a vibrant and viable economy. Economic sustainability is the ability of Ireland Inc., as an exporting nation, to be competitive in exporting in the future. The beef sector has 70,000 beef farmers and there are 10,000 involved in processing. The sector is worth over...

Special Committee on Covid-19 Response: Covid-19: Impact on Aviation (28 Jul 2020)

Matt Shanahan: I thank Mr. Gray, I am in agreement with him. I want to refer back to a point he made a few moments ago about the future development of Dublin Airport and how important it is for Ireland Inc. He specifically mentioned the regions. On that basis, I am thinking of Shannon and Cork airports as well as an application from my own constituency of Waterford to try to get our own regional airport...

Covid-19 (Tourism): Statements (6 May 2020)

Matt Shanahan: ..., for example, will reduce customer numbers, thereby reducing the consequent revenue return available. Without a seismic change in current national financial planning regarding the overall SME sector, Ireland Inc. is heading for an employment meltdown and consequent economic damage that could last for a decade or longer. Solutions are being offered for the tourism and hospitality sector,...

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