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Ceisteanna Eile - Other Questions: School Curriculum (17 Jul 2025)

Edward Timmins: 94. To ask the Minister for Education and Skills if there are plans to review the transition year programme to include practical life skills as part of the compulsory requirement across all schools: personal legal rights, household management, personal finance, taxation and social welfare and the driver theory test; and if she will make a statement on the matter. [40202/25]

Ceisteanna Eile - Other Questions: School Curriculum (17 Jul 2025)

Edward Timmins: We have a great secondary education system. It is one of the cornerstones of our success as a nation. However, given it is largely academically-based, we need to look at ways of bringing life skills to our children that will better prepare them for the real world. In particular, I refer to the transition year programme. This is a great programme which offers students an opportunity to...

Ceisteanna Eile - Other Questions: School Curriculum (17 Jul 2025)

Edward Timmins: I will mention in particular some items that should be included, for example, knowledge of finance and how to manage finance. This is important as it affects everyone. It should cover understanding of income tax and all other taxes. It should also educate about loans and mortgages and explain the difference between different types of loans. Second, it should include legal education and...

Ceisteanna Eile - Other Questions: School Curriculum (17 Jul 2025)

Edward Timmins: I will list some other items but the list is not exhaustive. Many schools run the mini-company programme in conjunction with the student enterprise programme supported by the local enterprise offices but this programme is only offered to a limited number of students in schools. Could we offer a programme to all students on the following: the skills and steps required in setting up a...

Saincheisteanna Tráthúla - Topical Issue Debate: Financial Services (17 Jul 2025)

Edward Timmins: I thank the Minister for the opportunity to raise the importance of the Irish Stock Exchange to the Irish economy and to the growth of our indigenous Irish companies. I welcome the commitments in the programme for Government to support the Irish Stock Exchange. However, I would like to see this commitment followed up with concrete action to ensure its growth and success. I am glad to see...

Saincheisteanna Tráthúla - Topical Issue Debate: Financial Services (17 Jul 2025)

Edward Timmins: I thank the Minister of State for his reply. The threat of US tariffs has made it even more urgent for us to support Irish indigenous companies, and the Stock Exchange is crucial to this goal. While foreign multinational companies have created great prosperity in this State, geopolitical difficulties have underscored the need to ensure a positive regulatory landscape for Irish companies to...

Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: I thank the witnesses for coming in. I have six or seven specific questions, so if the witnesses could be as concise as they can in their answers, I would be very grateful. I thank them for their presentation. Have they done an analysis of the estimated impact of the 10% or 25% tariffs on all tax revenue in this country?

Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: Is that published? Is that available?

Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: The ESRI outlined figures on a reduction of modified domestic demand due to tariffs. Did the ESRI look at a reduction in housing demand due to the same scenario?

Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: When the ESRI reported a few months that we need 60,000 homes per annum-----

Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: Previously, the ESRI made projections that the economy needed 60,000 based on current scenarios, but it has not done a revised figure based on being hit by tariffs of 10% or 25%.

Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: That is okay; I was just wondering about that. As a related question, has the ESRI looked at the potential impact on the economy of tariffs imposed by the EU on inflation, employment and growth?

Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: I am asking about EU tariffs.

Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: The ESRI has done studies based on the EU imposing 10% and 25%.

Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: That is published, is it?

Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: On page four of the opening statement, I could not fully understand the statement, “While inflation has been slowing down ... permanent changes to the tax and welfare system have resulted in small average income losses...” I get that, although it is described as insignificant, basically, at 0.3% of disposable income , but I could not really get the phrase “compared to...

Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: It is adjusted for inflation.

Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: They have not been keeping pace with wage growth or with inflation.

Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: They are fairly identical then.

Committee on Budgetary Oversight: Quarterly Economic Commentary: Economic and Social Research Institute (15 Jul 2025)

Edward Timmins: Social welfare lags.

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