Oireachtas Joint and Select Committees

Thursday, 3 December 2015

Public Accounts Committee

2014 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2014
Chapter 2 - Government Debt
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2014
Finance Accounts 2014

10:00 am

Photo of Patrick O'DonovanPatrick O'Donovan (Limerick, Fine Gael)
Link to this: Individually | In context | Oireachtas source

In regard to shocks, the country suffered a huge shock when we relied entirely on the construction of houses, selling them to each other, and the stamp duty and everything else surrounding that. How are we insulated now from another property bubble or a collapse of a different kind? What have we done differently or how are we insulated to make sure that if one sector collapses, in the way the house building sector collapsed, that we can prevent that sort of thing happening again?