Cian O'Callaghan (Dublin Bay North, Social Democrats) | Oireachtas source

That is the crucial question. In the years since the Minister took office, public subsidies to developers have increased, as have their profits. Here is another measure that we do not know will be passed on to people buying homes. There is no transparency around developers' profits. The largest developers are publicly listed, so we can see how their profits have increased in recent years, but there is no transparency around the other companies availing of these subsidies and the development levy waiver. Will the Minister introduce measures so that developers availing of public subsidies like this waiver must have transparency around their profits and publish their profits so that we can see whether there is a link between the increased subsidies and their increased profits? Will the Minister investigate this link to see whether there is an issue? What measures is he going to take to ensure that public subsidies actually make housing more affordable as opposed to just increasing profits for developers?

See this speech in context