Results 20,081-20,100 of 26,666 for speaker:John McGuinness
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
John McGuinness: Mr. Corr, in his remarks, said the credit union movement could not agree on certain things.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
John McGuinness: Is it a fact you cannot agree? Is that it?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
John McGuinness: Therefore, you have agreed to it.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
John McGuinness: I am not trying to catch anyone out. I just want to establish where all of this is at. The committee has gone over the arguments repeatedly. I believe we gave this fair time out of our interest for credit unions and we wanted to see some progress. I know Mr. Corr said some progress had been made. However, the report in front of us refers repeatedly to further consideration by the Central...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
John McGuinness: That is the first I have heard of it. I go back to my original point. I am tired of reading reports that essentially say the same thing at the end, and it goes on for another year. I want to be helpful to the credit unions. Can the credit union representatives give us in writing a note on where they are with the things they consider to be essential for the credit union movement? If it is...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
John McGuinness: We want the credit union representatives to give us a report on where they believe all of this is at - not from the Department of Finance, not from the Central Bank, but from the credit union representatives. They should tell us where they are at, what they want and who is holding it up, and be truthful. If they do not, we will be here next year and they may lose their audience in that time....
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
John McGuinness: Mr. Johnson just told us that they are available.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
John McGuinness: Mr. Molan seems to be telling us that they are not really available.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
John McGuinness: Has Mr. Molan signed up to similar services to those of N26 and Revolut?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
John McGuinness: Not Mr. Molan. Is it the intent of the credit union to sign up to that type of digital banking? Mr. Johnson seemed to indicate that. Sorry for putting Mr. Molan on the spot but he gave that impression.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
John McGuinness: As part of Mr. Molan's note to the committee, he might include some commentary on that so that we can clearly understand where we are.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
John McGuinness: We are talking about the services.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
John McGuinness: Will Mr. Johnson provide us the information in a note?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
John McGuinness: My last puzzle relates to the money that the credit unions have to invest. I have been advocating spending the credit unions' €7 billion on social housing, as has every other Member, and nothing has come out of it. Another figure was mentioned today of €14 billion. We now know why the credit unions cannot invest directly in recognised housing agencies and why there is no...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
John McGuinness: Is the €14 billion in investments?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
John McGuinness: Is the €7 billion invested in Irish banks?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
John McGuinness: The credit unions cannot touch it. There is no national structure-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
John McGuinness: There is no alternative borrower. It could be used and the Government has not provided the platform for it to be used in an efficient way to deliver social housing.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
John McGuinness: Mr. Johnson states that the other reasons are that the demand was not there.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
John McGuinness: There is no other way in which the credit unions can engage with the Department to spend more than the €700 million in a different way that would allow them to do it for social housing and such that it would not appear on the balance sheet of the Government.