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Seanad: Finance Bill 2019: Committee Stage (Resumed) (3 Dec 2019)

Rose Conway Walsh: Yes.

Seanad: Finance Bill 2019: Committee Stage (Resumed) (3 Dec 2019)

Rose Conway Walsh: I move recommendation No. 16: 16. In page 111, between lines 11 and 12, to insert the following: “Report on restricting banks from carrying forward losses 61. The Minister shall, within 6 months of the passing of this Act, prepare and lay before Dáil Éireann a report on restricting the banks from carrying forward losses against taxable profits in a manner which could...

Seanad: Finance Bill 2019: Committee Stage (Resumed) (3 Dec 2019)

Rose Conway Walsh: There were certainly intended consequences when the banks were up to their necks in reckless trading. I think it is obscene that we are rewarding these banks now. We have had one debacle after the other. We have had the tracker mortgages and everything else. It is obscene that they can avail of tax write-offs and we will not even agree to an absolute ten-year limit on the use of losses....

Seanad: Finance Bill 2019: Committee Stage (Resumed) (3 Dec 2019)

Rose Conway Walsh: I move recommendation No. 17: In page 130, between lines 32 and 33, to insert the following: “Report on introduction of measures to combat hoarding of land 74. The Minister shall, within 6 months of the passing of this Act, prepare and lay before Dáil Éireann a report on the introduction of measures to combat the hoarding of land needed for development, examining the...

Seanad: Finance Bill 2019: Committee Stage (Resumed) (3 Dec 2019)

Rose Conway Walsh: I can see that the Minister of State and I are not going to agree on this occasion. I will press the recommendation.

Seanad: Finance Bill 2019: Committee Stage (Resumed) (3 Dec 2019)

Rose Conway Walsh: I move recommendation No. 18: In page 131, between lines 3 and 4, to insert the following: “Report on Equality Budgeting Statement 76. Within 6 months of the enactment of this Act, the Minister shall lay before both Houses of the Oireachtas a report in relation to Gender and Equality Budgeting; to include a review of the implementation of the steps identified in the 2017 Staff...

Seanad: Finance Bill 2019: Committee Stage (Resumed) (3 Dec 2019)

Rose Conway Walsh: This recommendation of Senator Higgins-----

Seanad: Finance Bill 2019: Committee Stage (Resumed) (3 Dec 2019)

Rose Conway Walsh: I will stand. The recommendation is in respect of gender and equality budgeting. It is really important to examine the impact the budget has on this.

Seanad: Finance Bill 2019: Committee Stage (Resumed) (3 Dec 2019)

Rose Conway Walsh: I move recommendation No. 21: In page 131, between lines 3 and 4, to insert the following: “Report on Re-Allocation of “No-Deal Brexit” fund 76. Within 3 months of the enactment of this Act, the Minister shall lay before both Houses of the Oireachtas a report examining options for the re-allocation of funds reserved for the case of the United Kingdom withdrawing from...

Seanad: Finance Bill 2019: Order for Report Stage (3 Dec 2019)

Rose Conway Walsh: No.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to the Department of Public Expenditure and Reform: Discussion (3 Dec 2019)

Rose Conway Walsh: I thank Mr. Watt for his opening statement. It would have been beneficial to have had it a little earlier than 9.53 a.m. today. Mr. Watt has a broad area of responsibility. In terms of members needing time to scrutinise the statement, it would have been appreciated if we had got it earlier. I want to concentrate first on broadband. The Government recently signed the contract with Granahan...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to the Department of Public Expenditure and Reform: Discussion (3 Dec 2019)

Rose Conway Walsh: Mr. Watt will have to get someone to help him.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to the Department of Public Expenditure and Reform: Discussion (3 Dec 2019)

Rose Conway Walsh: Yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to the Department of Public Expenditure and Reform: Discussion (3 Dec 2019)

Rose Conway Walsh: Nothing has happened since then to change Mr. Watt's view. I will take it that his view, as stated, is the same as it was previously.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to the Department of Public Expenditure and Reform: Discussion (3 Dec 2019)

Rose Conway Walsh: It is disgraceful that all of Mr. Watt's repeated observations around the value for money factor are totally dismissed. One would have to ask what the point is in having senior civil servants with an expertise to advise the Government on these issues when it ignores that advice.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to the Department of Public Expenditure and Reform: Discussion (3 Dec 2019)

Rose Conway Walsh: I would agree with Mr. Watt in terms of some of that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to the Department of Public Expenditure and Reform: Discussion (3 Dec 2019)

Rose Conway Walsh: It is, but Mr. Watt repeated his view many times in terms of potential asset stripping and how bad this is for the State but the Government went ahead and did not take any of his advice. It continued along its own pathway. This will not be the last time Mr. Watt will be quoted. In years to come, in terms of us examining the value for money, this is atrocious. It is important to put on the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to the Department of Public Expenditure and Reform: Discussion (3 Dec 2019)

Rose Conway Walsh: Does Mr. Watt think there is a possibility of Government policy being influenced, particularly by the Big Four?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to the Department of Public Expenditure and Reform: Discussion (3 Dec 2019)

Rose Conway Walsh: If they are getting such vast sums from Government and are also being asked to do reports on different issues, is it not human nature that they will give favourable reports in terms of what the Government wants to hear rather than anything else? The Government is one of their largest customers so they will not say anything that will deviate from-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to the Department of Public Expenditure and Reform: Discussion (3 Dec 2019)

Rose Conway Walsh: Has Mr. Watt examined the UK report on the Big Four that examined conflicts of interest?

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