Results 45,961-45,980 of 49,836 for speaker:Stephen Donnelly

Ceisteanna - Questions - Priority Questions: Housing Provision (19 Jan 2017)

Stephen Donnelly: I agree we need to strike a balance. The problem is the profits for commercial development so vastly outweigh the profits for residential development that we are not getting that balance. We agree there has to be a balance between high-quality grade-A office space and other commercial space, and good homes for people to live in. However, if a developer can make five to ten times more by...

Ceisteanna - Questions - Priority Questions: Housing Provision (19 Jan 2017)

Stephen Donnelly: And Wicklow.

Ceisteanna - Questions - Priority Questions: Housing Provision (19 Jan 2017)

Stephen Donnelly: 5. To ask the Minister for Housing, Planning, Community and Local Government his views on whether the current level of investment in the construction of commercial property is having an impact on the development of residential property in particular in the greater Dublin area; and if he will make a statement on the matter. [2400/17]

Ceisteanna - Questions - Priority Questions: Housing Provision (19 Jan 2017)

Stephen Donnelly: At the moment in Dublin, the analysis of the commercial property market shows us that we are dealing with a bubble in commercial property that exceeds the bubble we saw in 2006 and 2007. There is all manner of downsides to this. There are very few winners. The only winners are some foreign landlords and even they will become losers if and when the bubble bursts. Specific to the Minister's...

Ceisteanna - Questions - Priority Questions: Housing Provision (19 Jan 2017)

Stephen Donnelly: I do not know either, which is why I asked the question. 4 o’clock We do not know how much crowding out is happening, but there is a bunch of things we do know. We know that the profits per square metre or per acre of development land for commercial property in Cork and Dublin vastly exceed the profits to be made from residential. We know that some of this is being driven by a...

Written Answers — Department of Finance: Help-To-Buy Scheme (19 Jan 2017)

Stephen Donnelly: 76. To ask the Minister for Finance if his Department has reviewed the impact of the introduction of the first-time buyer's grant; if so, the findings on the impact of these sales; and if he will make a statement on the matter. [2402/17]

Written Answers — Department of Housing, Planning, Community and Local Government: Vacant Sites Levy (19 Jan 2017)

Stephen Donnelly: 110. To ask the Minister for Housing, Planning, Community and Local Government if he will introduce a vacant land levy; and if he will make a statement on the matter. [2399/17]

Written Answers — Department of Housing, Planning, Community and Local Government: Real Estate Investment Trusts (19 Jan 2017)

Stephen Donnelly: 134. To ask the Minister for Housing, Planning, Community and Local Government if his Department has investigated the impact of distressed debt specialists on the housing market; the number of tenants that have been asked to quit their tenancies as a result of requests for vacant sales; and if he will make a statement on the matter. [2401/17]

Written Answers — Department of Education and Skills: School Accommodation Provision (17 Jan 2017)

Stephen Donnelly: 397. To ask the Minister for Education and Skills the status of a new school building (details supplied); if a new location has been identified; the timeframe for the completion of the school; the timeframe by stage and date; if barriers to the completion of the project within this timeframe have been identified to date; the nature of these barriers; and if he will make a statement on the...

Written Answers — Department of Public Expenditure and Reform: Flood Prevention Measures (17 Jan 2017)

Stephen Donnelly: 714. To ask the Minister for Public Expenditure and Reform the status of the provision of funding by the Office of Public Works for flood defence works on the North Beach in Arklow; and if he will make a statement on the matter. [41682/16]

Leaders' Questions (14 Dec 2016)

Stephen Donnelly: I, too, would like to raise the issue of the Oxfam report that came out on Monday. Deputy O'Sullivan quite rightly refers to the need for tax justice. Another way to look at this might be enlightened self-interest in that if we do our bit for global taxation, it will make for a stronger reputation for Ireland and a stronger investment in Ireland. As the Taoiseach knows, Oxfam has ranked...

Leaders' Questions (14 Dec 2016)

Stephen Donnelly: Let me give the Taoiseach an example. Cerberus has just filed its 2015 accounts for Project Eagle. By my reckoning, it made about £168 million in taxable profits and paid less than £1,600 in tax. That is a 0.001% tax rate. I acknowledge the very significant moves by the Government in the Finance Act on companies under section 110. What is interesting about the Project Eagle...

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (13 Dec 2016)

Stephen Donnelly: I thank the witnesses and congratulate Professor McHale on his term as chair. No doubt, he will enjoy his dinner tonight. I thank him personally. I have been sitting across from him for six years now and I thank him very much for everything he has done and wish him the very best. I have been reading through the council's report and it is worth noting that the materials we got from the...

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (13 Dec 2016)

Stephen Donnelly: I appreciate that.

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (13 Dec 2016)

Stephen Donnelly: I will take that as a qualified "Yes". I thank Professor McHale. Should we pay down any of the debt?

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (13 Dec 2016)

Stephen Donnelly: So the answer to the question is "No".

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (13 Dec 2016)

Stephen Donnelly: I thank Professor McHale.

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (13 Dec 2016)

Stephen Donnelly: One potential way to square the circle by meeting the need for investment while running a tight ship without repeating the mistakes of the past is to meet the target that avoids this convergence margin. The council made the point in its report that on the current trajectory, we will miss our structural balance targets for next year and, in fact, we may be missing them this year. Is that not...

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (13 Dec 2016)

Stephen Donnelly: Is it the case we will miss it because it is being calculated using the so-called commonly agreed methodology? Are we missing the structural deficit target under the commonly agreed methodology?

Committee on Budgetary Oversight: Fiscal Assessment Report: Irish Fiscal Advisory Council (13 Dec 2016)

Stephen Donnelly: It will apply to next year. Is that not the case?