Brian Stanley (Laois-Offaly, Sinn Fein) | Oireachtas source

Following on from Deputy Carroll MacNeill's contribution regarding the construction sector, and focusing especially on the residential context, most people in this room will have bad memories of the Celtic tiger, the crash and all the insanity involved around all that time back in the 2000s. I refer to the Wild West-type banking and lending system, construction undertaken without any regulations and all that nonsense. Some concerns exist now regarding inflationary pressures. Part of this morning's discussion focused on the IBRC, NAMA and AIB, all of which came about as a consequence of the period I referred to. Much of that activity was concentrated in residential property and its financing. The Parliamentary Budget Office, PBO, has raised some concerns that the Department of Finance may not be providing full costings in respect of the concrete block levy and the help-to-buy scheme. Regarding the change in the concrete block levy to 5%, what is the projected yield from this measure annually?