Results 6,901-6,920 of 15,555 for speaker:Eoghan Murphy

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (15 Feb 2017)

Eoghan Murphy: I thank the Deputy for saying that. As he will be aware, currently one third of Ireland's IFS jobs are outside Dublin, so there is already a strong offering. IFS 2020 was developed with industry. I am working with those in the industry on a weekly basis to ensure we are across everything we need to be across. They have been incredibly helpful in terms of intelligence. I have been...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (15 Feb 2017)

Eoghan Murphy: I was very impressed by the companies I visited in Kilkenny. The great offering Kilkenny has is its proximity to Dublin Airport.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (15 Feb 2017)

Eoghan Murphy: I have been prioritising the regions since I got the job. I have been to Drogheda twice, I have been to Kilkenny, I have been to Cork twice and I have been to Kerry. I will be in Galway in two weeks and I will be in Limerick the week after that. It is very important to me because I believe there is a real opportunity to correct some of the things we have got wrong in the past such as our...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (15 Feb 2017)

Eoghan Murphy: I genuinely tried. Maybe it is the signal.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (15 Feb 2017)

Eoghan Murphy: While I did not catch all of the contribution by the Minister, Deputy Noonan, on this, my understanding is that we have been proactive in this. We have been dealing with the Department of Housing, Planning, Community and Local Government to ensure we can see what has worked in the past for local authority residents and whether it might work in the future for other mortgage holders.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (15 Feb 2017)

Eoghan Murphy: Absolutely. That is no problem at all.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (15 Feb 2017)

Eoghan Murphy: That is absolutely understood and the Chairman is right to raise it. Based on conversations I have had with individuals who have been across this for quite a while, as much information as can be provided will be provided. We can provide the committee with a note as well. The Chairman's comments are well put.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (15 Feb 2017)

Eoghan Murphy: In the previous Dáil we discussed this extensively and we would have had the same view about extending the mandate of the Comptroller and Auditor General to give that office the resources to ensure it could follow the money. We experienced frustration with issues such as the Poolbeg incinerator where we could not get past how the local authority spent that money. Unfortunately, a...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (15 Feb 2017)

Eoghan Murphy: Can the Chairman remember if the Comptroller and Auditor General was in favour of extending that mandate? I know the local authorities had a problem regarding their mandate to audit their own spending.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (15 Feb 2017)

Eoghan Murphy: I will certainly engage with the Office of the Comptroller and Auditor General to ascertain its thoughts on that previous legislation and how it might have been changed.

Motor Insurance Costs: Motion (16 Feb 2017)

Eoghan Murphy: I welcome the opportunity to address Dáil Éireann this evening on the report on the cost of motor insurance produced by the working group I chair and the report of the Oireachtas Joint Committee on Finance, Public Expenditure and Reform, and Taoiseach. A significant amount of work has been done by both groups and we have had a number of engagements, including one this morning. I...

Motor Insurance Costs: Motion (16 Feb 2017)

Eoghan Murphy: I thank everyone for their contributions. I took notes and would like to touch on everyone's contribution, if I may, in the time that I have available to me. The Chairman of the Oireachtas committee commented on the deadlines and how we drive the implementation of this report. As I said in the committee today, we have to be realistic about the timelines in terms of certain actions that...

Motor Insurance Costs: Motion (16 Feb 2017)

Eoghan Murphy: Exactly, the Deputy believes it will not impact because I am not directly intervening on the issue of premiums. I do not have legal power to make such an intervention. I could not do so under EU law. The Deputy referred to my comment that there is no silver bullet. We must properly manage expectations. I cannot give people an expectation that I can change their insurance premium price if...

Motor Insurance Costs: Motion (16 Feb 2017)

Eoghan Murphy: It is not possible to introduce caps either. I must be responsible and I cannot promise something I cannot deliver. I respect the fact that Deputy Boyd Barrett spends a great deal of time listening to the concerns of taxi drivers. It cannot be easy for them and I am aware of the frustrations and difficulties faced by individual taxi drivers. The industry faces particular issues because...

Motor Insurance Costs: Motion (16 Feb 2017)

Eoghan Murphy: I will address Manitoba when I respond to Deputy Mick Barry's contribution because he referred to it specifically. We must also consider moral hazard when it comes to driver behaviour. If everyone were to get free insurance, what would be its effect on the way in which people drive on the roads? This is not a casual or throwaway line about moral hazard. We would get some interesting...

Motor Insurance Costs: Motion (16 Feb 2017)

Eoghan Murphy: Deputy Breathnach raised the issue of competition. The lack of transparency in the insurance market is hurting competition. The joint committee focused on this issue. If more companies compete in the market in a safe manner under current Central Bank prudential regulation and the new Solvency II limits and everything else we are trying to achieve in the report, we will attract new entrants...

Motor Insurance Costs: Motion (16 Feb 2017)

Eoghan Murphy: I will revert to other Deputies individually.

Motor Insurance Costs: Motion (16 Feb 2017)

Eoghan Murphy: I would have appreciated more time to address properly the concerns raised. I did not get to refer to a number of Deputies' contributions. They stayed here late on a Thursday to make them. I thought it would have been better to debate the two reports separately. It is typical when there are two reports on one issue to try to separate them. Of course, we can come back to debate this, or...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Eoghan Murphy: I thank the joint committee for this invitation to discuss the recommendations of the cost of insurance working group on motor insurance. The background to the report is the fact that pricing in the non-life insurance sector, and particularly in the motor insurance area, has been subject to a lot of volatility in recent years from a point where some premiums appeared to be priced at an...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Cost of Motor Insurance: Minister of State at the Department of Finance (16 Feb 2017)

Eoghan Murphy: An important piece of the work done by the Oireachtas committee and the working group was to focus on the consumer from the get go, and ensure everything we endeavour to do is to protect their interests in being able to get insurance at an affordable rate. With regard to the attitude of the insurance industry and the companies, I have had nothing but positive assistance from individual...