Oireachtas Joint and Select Committees

Thursday, 17 November 2022

Public Accounts Committee

2021 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Finance Accounts 2021
2021 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2021
Chapter 2 - Net Cost of Banking Stabilisation Measures
Chapter 22 - Ireland Apple Escrow Fund

9:30 am

Mr. John McCarthy:

Absolutely. It is fair to say that demand for labour exceeds supply now, and this is having an impact on wage inflation in the sector. This is feeding through into property price and land price inflation. In the Department of Finance, we are always concerned about value for taxpayers' money. I always say the Government has no money of its own, not a single penny. It is all taxpayers' money. It is crucial the Government gets value for taxpayers' money.