Oireachtas Joint and Select Committees

Wednesday, 24 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Eoghan MurphyEoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

Yes. So, it's ... this is an issues paper from May 2005 and, if you go down to the fifth paragraph, beginning:

The section has identified the need to explore data sources and development of analysis of non-residential construction as a priority. Data is more limited in this area and up to now. Non-residential construction accounts for about half of construction output so it is worth devoting time to.

So, can you recall, Mr. McCarthy, what steps were taken on foot of that paragraph in the issues note identifying construction related lending and property activity and the need to find more information or develop more data and look into it further?

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