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Select Committee on Jobs, Enterprise and Innovation: Credit Guarantee (Amendment) Bill 2015: Committee Stage (8 Dec 2015)

Peadar Tóibín: Given that there will be €15.6 million of risk to the State, what is the ratio between level of risk to the State and the total amount of funds expected to be delivered? There is a ratio between level of risk and the total of amount of lending expected to be delivered through the system.

Select Committee on Jobs, Enterprise and Innovation: Credit Guarantee (Amendment) Bill 2015: Committee Stage (8 Dec 2015)

Peadar Tóibín: I understand there is currently €20 billion of lending to SMEs and, considering the size of that figure, exposing the State to €15 million of lending, with 40% of it in default, does not seem very ambitious. To tease it further, what are the expectations? When this credit guarantee scheme was initially announced, it was indicated that X amount of firms would be affected with X...

Select Committee on Jobs, Enterprise and Innovation: Credit Guarantee (Amendment) Bill 2015: Committee Stage (8 Dec 2015)

Peadar Tóibín: When the scheme was first launched, it was very clear that X number of jobs would be created with X number of firms affected. Is the Government rowing back on delivering expectations on this?

Select Committee on Jobs, Enterprise and Innovation: Credit Guarantee (Amendment) Bill 2015: Committee Stage (8 Dec 2015)

Peadar Tóibín: I tabled amendment No. 20 because credit is too expensive in this State, be it for those in mortgage distress who are paying a premium over their counterparts throughout Europe or small businesses who are paying a premium over that being charged to European banks - and this is even outside the credit guarantee scheme. Paying for credit at such an enormous rate is a competitive disadvantage...

Select Committee on Jobs, Enterprise and Innovation: Credit Guarantee (Amendment) Bill 2015: Committee Stage (8 Dec 2015)

Peadar Tóibín: The problem is that the 2% premium is part of the reason this scheme has not been successful so far. Credit is already too expensive for small businesses out there. When one is operating on low margins and running very tight cash flow levels, 2% is a significant difference in terms of credit. In a mortgage situation for example, any family who pays 5.3% will know the difference on their...

Select Committee on Jobs, Enterprise and Innovation: Credit Guarantee (Amendment) Bill 2015: Committee Stage (8 Dec 2015)

Peadar Tóibín: I move amendment No. 29:In page 11, after line 28, to insert the following:“10. The Minister shall within 12 months and every 12 months thereafter, from the passing of this Act prepare and lay before Dáil Éireann a report detailing the impact of all measures contained in this Act on the availability of credit to SMEs, rates of bank lending to SMEs, levels of lending under the...

Select Committee on Jobs, Enterprise and Innovation: Credit Guarantee (Amendment) Bill 2015: Committee Stage (8 Dec 2015)

Peadar Tóibín: Yes.

Written Answers — Department of Public Expenditure and Reform: Public Service Contracts (8 Dec 2015)

Peadar Tóibín: 186. To ask the Minister for Public Expenditure and Reform for an update on the work of the social clauses project group. [44020/15]

Written Answers — Department of Public Expenditure and Reform: Public Service Contracts (8 Dec 2015)

Peadar Tóibín: 188. To ask the Minister for Public Expenditure and Reform the date on which the Office of Government Procurement will report on the implementation of social clauses, as committed to by him on establishing the social clauses project group. [44022/15]

Written Answers — Department of Public Expenditure and Reform: Departmental Contracts Data (8 Dec 2015)

Peadar Tóibín: 187. To ask the Minister for Public Expenditure and Reform the number of occasions to date that a social clause has been attached to a public contract, and the project to which each has been attached to, in tabular form. [44021/15]

Written Answers — Department of Public Expenditure and Reform: Departmental Contracts Data (8 Dec 2015)

Peadar Tóibín: 189. To ask the Minister for Public Expenditure and Reform to provide the text of each of the social clauses attached to a public contract to date. [44023/15]

Written Answers — Department of Jobs, Enterprise and Innovation: Local Enterprise Offices (8 Dec 2015)

Peadar Tóibín: 203. To ask the Minister for Jobs, Enterprise and Innovation his plans to ensure that the delivery of training sessions (details supplied) by local enterprise offices is orientated towards citizens who seek to develop entrepreneurial skills and to set up and develop businesses. [43760/15]

Written Answers — Department of Jobs, Enterprise and Innovation: Enterprise Statistics (8 Dec 2015)

Peadar Tóibín: 204. To ask the Minister for Jobs, Enterprise and Innovation the annual targets his Department, Enterprise Ireland and the local enterprise office network have set for the increase in online trading by micro-businesses and small indigenous businesses for the period 2012 to 2016; and if these targets are being met. [43771/15]

Written Answers — Department of Jobs, Enterprise and Innovation: Company Returns (8 Dec 2015)

Peadar Tóibín: 209. To ask the Minister for Jobs, Enterprise and Innovation if he is aware of the situation facing Pairc An Gluinín Management Company Limited in County Kerry, which was set up to temporarily manage the estate until such time as the county council took it over, and which now faces fines from the Companies Registration Office for failure to make annual returns; and if he will make a...

Written Answers — Department of Health: Hospital Staff Recruitment (8 Dec 2015)

Peadar Tóibín: 444. To ask the Minister for Health if he will re-introduce the back-to-work scheme for nurses who have been out of work for a period of time, given the shortage of nurses in the health service; and if he will make a statement on the matter. [44187/15]

Written Answers — Department of Environment, Community and Local Government: Local Government Audit Service (8 Dec 2015)

Peadar Tóibín: 554. To ask the Minister for Environment, Community and Local Government to make a statement on the findings of the critical review on merging the local government audit service into the Office of the Comptroller and Auditor General. [44153/15]

Written Answers — Department of Communications, Energy and Natural Resources: Trading Online Voucher Scheme (8 Dec 2015)

Peadar Tóibín: 602. To ask the Minister for Communications, Energy and Natural Resources if he will continue the trading online voucher scheme in 2016. [43768/15]

Written Answers — Department of Communications, Energy and Natural Resources: Trading Online Voucher Scheme (8 Dec 2015)

Peadar Tóibín: 603. To ask the Minister for Communications, Energy and Natural Resources the number of applications for the trading online voucher scheme; and the number of vouchers awarded in 2015 to date. [43769/15]

Written Answers — Department of Communications, Energy and Natural Resources: Trading Online Voucher Scheme (8 Dec 2015)

Peadar Tóibín: 604. To ask the Minister for Communications, Energy and Natural Resources the policies he has introduced in 2015 to encourage and increase the number of indigenous micro businesses and small businesses trading online. [43770/15]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (3 Dec 2015)

Peadar Tóibín: Cuirim fáilte roimh na toscairí. Bhí an anailís ar fheabhas. The IFAC has done a great service to the State with its recent analysis. Having read the report and examined elements of the economy, there is an awful feeling of déjà vu. While everybody welcomes the increased Exchequer returns, three elements are manifesting themselves in the economy. One is the...

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