Results 21,041-21,060 of 23,109 for speaker:Paddy Burke

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: National Economic Output: Director General, Central Statistics Office (13 Oct 2016)

Paddy Burke: What kind of contribution? Is it monetary?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: National Economic Output: Director General, Central Statistics Office (13 Oct 2016)

Paddy Burke: Okay. If it was advertised, more people might-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: National Economic Output: Director General, Central Statistics Office (13 Oct 2016)

Paddy Burke: What happens in regard to false information? Is the CSO conscious that some information could be false? Can it prove whether information is false or accurate?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: National Economic Output: Director General, Central Statistics Office (13 Oct 2016)

Paddy Burke: Is all of the information broken down into regions, such as county by county, or on a population basis?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: National Economic Output: Director General, Central Statistics Office (13 Oct 2016)

Paddy Burke: How does the CSO get that information? Does it get it through the census?

Seanad: Order of Business (19 Oct 2016)

Paddy Burke: Many small businesses were lost during the downturn. It would be great to have a system where a lot of those people could re-enter the economy because they are badly needed. Small businesses, in particular, will face a daunting task due to Brexit. I appeal to the Leader to invite the Minister for Jobs, Enterprise and Innovation, Deputy Mitchell O'Connor, to come in here for a debate on...

Seanad: Fire Safety in Traveller Accommodation: Statements (19 Oct 2016)

Paddy Burke: I will be brief. I welcome the Minister to the House. I welcome the report and thank him for putting in place the machinery to carry out this report because I have no doubt but that lives will be saved because of the inspections and the fire safety matters that will addressed by the local authorities.We cannot have another Carrickmines. I wish to take the opportunity to sympathise with the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Discussion (20 Oct 2016)

Paddy Burke: I have a question for the Minister.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Discussion (20 Oct 2016)

Paddy Burke: The Central Bank has advocated that switching loans is a better option. Switching banks costs money and it is unlike switching one's electricity bill. Who pays the piper? Is it the bank that pays? The Central Bank advocates switching. Is it the customer who pays? Will the bank pay the bill on a substantial mortgage as switching can cost a substantial amount?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Discussion (20 Oct 2016)

Paddy Burke: I welcome the Bill and congratulate Deputy Michael McGrath on bringing it forward. I do not subscribe to the view that there is more competition if there are more entrants to the market. I remember speaking on this very subject quite a number of years ago when there were new entrants in my home town, Castlebar, a small town. There were 14 places where one could borrow money and everything...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Discussion (20 Oct 2016)

Paddy Burke: I welcome Mr. Burgess, Mr. McNally and Mr. Goor. I think they have all confirmed what we have all been expressing over the past number of years and why legislation like this is needed. Mr. Burgess said that European banks' interest rates are far lower and that customers can get long-term loans in other European countries at much lower interest rates. How can those banks do that and Irish...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Discussion (20 Oct 2016)

Paddy Burke: Do the witnesses think the new entrants to the market will help reduce the Irish rates?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Discussion (20 Oct 2016)

Paddy Burke: The Minister said that the Bill would be carefully considered to ensure it complies with all EU laws and requirements but that section 5, which permits the Central Bank to impose a cap on the standard variable mortgage rate which applies to one lender but not to the market generally, could potentially be considered to enable competitive distortions in the market. Do the witnesses think the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Discussion (20 Oct 2016)

Paddy Burke: I will be very brief as I have already asked some questions. Does Mr. Burgess think the bonus culture has been completely removed from the banking sector? I presume people would have brought it to his attention.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Discussion (20 Oct 2016)

Paddy Burke: It would be factored in in the pricing of mortgages.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Discussion (20 Oct 2016)

Paddy Burke: Yes, but I just want to ask Mr. Burgess about his experience in dealing with mortgages. People with mortgages got into difficulty and the reason they were given them was the bonus culture in the banks.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Discussion (20 Oct 2016)

Paddy Burke: Were tracker mortgages always a loss leader?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Discussion (20 Oct 2016)

Paddy Burke: They were not very profitable, were they? Did the Central Bank turn a blind eye to their giving of tracker mortgages at the rates at which they were being given?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Discussion (20 Oct 2016)

Paddy Burke: In the past it was always the culture that one asked where one might get a mortgage; now there is real competition. When I was younger and took out my first mortgage, it was a matter of where I would get it. I presume that is no longer the case.

Seanad: Order of Business (25 Oct 2016)

Paddy Burke: I am seeing clarification on the repeal of the eighth amendment.The Government said today that the Citizens' Assembly will report to an Oireachtas committee and that the Oireachtas committee will be set up by the Business Committee of the Dáil. Is there any representation from the Seanad on the Business Committee or do we have any say in that? Does it mean that the Business Committee...