Results 12,321-12,340 of 27,945 for speaker:Michael McGrath

Written Answers — Department of Public Expenditure and Reform: Flood Relief Schemes Funding (20 Jan 2016)

Michael McGrath: 70. To ask the Minister for Public Expenditure and Reform if he will respond to an issue relating to flood funding raised by an organisation (details supplied) in Cork city; and if he will make a statement on the matter. [2390/16]

Written Answers — Department of Health: Services for People with Disabilities (20 Jan 2016)

Michael McGrath: 116. To ask the Minister for Health the options open to a family (details supplied) in County Cork who are seeking to access an appropriate adult day service or an appropriate course for an adult with special needs. [2371/16]

Written Answers — Department of Transport, Tourism and Sport: Air Services Provision (21 Jan 2016)

Michael McGrath: 163. To ask the Minister for Transport, Tourism and Sport if he has made any representations to the Department of Transportation in the United States of America on the application by Norwegian Air International to commence a transatlantic service from Cork Airport; and if he will make a statement on the matter. [2608/16]

Technological Universities Bill 2015: Report Stage (26 Jan 2016)

Michael McGrath: I support the amendment. I met staff representatives at Cork Institute of Technology, who are very angry. There has been an abject failure to bring the staff along through the process. This is reflected in the overwhelming rejection in the TUI ballot. They are deeply disappointed with what they regard as a significant shift from the heads of the Bill to the detail of it, which we are...

Written Answers — Department of Finance: IBRC Liquidation (26 Jan 2016)

Michael McGrath: 135. To ask the Minister for Finance the amount paid to date in professional fees to named professional firms in relation to the liquidation of the Irish Bank Resolution Corporation, including the amount paid to KPMG, in tabular form; the agreed rate charges by KPMG; how many KPMG staff are working on the liquidation; if the rates provide good value for money to the tax payer; when the...

Written Answers — Department of Finance: Public Relations Contracts Data (26 Jan 2016)

Michael McGrath: 136. To ask the Minister for Finance the amount paid by the National Treasury Management Agency and the National Asset Management Agency for public relations in 2015; the amount paid to each firm; the rates that apply; when the main public relations contracts for the two agencies are up for renewal; if the contract provides value for money for the two agencies; and if he will make a statement...

Written Answers — Department of Finance: Tax Data (26 Jan 2016)

Michael McGrath: 143. To ask the Minister for Finance the annual cost of indexing tax bands, credits and allowance across all tax headings in tabular form; and if he will make a statement on the matter. [3159/16]

Written Answers — Department of Finance: Financial Services Ombudsman Data (26 Jan 2016)

Michael McGrath: 148. To ask the Minister for Finance the number of complaints received, upheld, and in which compensation was awarded by the Financial Services Ombudsman regarding the sale of whole-of-life insurance policies in each year from 2011 to 2015, in tabular form; the impact of the six-year rule on complaints regarding long-term policies such as whole-of-life assurance; and if he will make a...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Banking Sector and Central Bank of Ireland: Discussion (26 Jan 2016)

Michael McGrath: Governor Lane is very welcome. I wish him well in his new role and congratulate him on his appointment. I will start with a domestic issue in terms of the new mortgage deposit rules and the loan-to-value and loan-to-income limits that apply to most mortgages. I put the case to him of somebody who is currently renting - an individual or couple - who may be paying €1,000, €1200...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Banking Sector and Central Bank of Ireland: Discussion (26 Jan 2016)

Michael McGrath: I welcome this response and the fact rent can be considered as part of the forthcoming review later in the year. The Governor said it is directly relevant to the loan-to-income issue more than the loan-to-value issue. However, in practical terms, if someone is buying a house worth €300,000, he or she will have to come up with a deposit of €38,000. He or she will have to find...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Banking Sector and Central Bank of Ireland: Discussion (26 Jan 2016)

Michael McGrath: Many of the reductions announced in standard variable rate mortgage rates over the past 12 months are new offers for new customers. The reality is that there are tens of thousands of existing mortgage holders still paying between 4% and 4.5% on a standard variable rate product. In some cases, it is closer to 5%. We do not have an active mortgage switcher market. Even if there were one in...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Banking Sector and Central Bank of Ireland: Discussion (26 Jan 2016)

Michael McGrath: On mortgage switching, a practical step the Central Bank could take would be introducing a code of conduct. There is a code for those who want to switch their current account and one might save €20 or €30 a month as a result. Those who are in a position to switch their mortgage should be shopping around and they could save a few hundred euro every month as a result. The...

Leaders' Questions (28 Jan 2016)

Michael McGrath: On Tuesday 12 January, the Tánaiste, the Taoiseach, the Minister for Defence, Deputy Coveney, the Minister for the Environment, Community and Local Government, Deputy Kelly, and the Minister of State with responsibility for the Office of Public Works, Deputy Harris, met representatives of the insurance industry to raise a number of issues, including the need for flood insurance to be...

Leaders' Questions (28 Jan 2016)

Michael McGrath: I ask the Tánaiste not to treat us like fools. The suggestion that the Taoiseach's commitment to attend the conference in Davos and to meet Prime Minister David Cameron in London were arranged in the past two weeks is not credible. The fact of the matter is that a commitment was given on 12 January that a follow-up meeting with the insurance industry would take place within two weeks....

Leaders' Questions (28 Jan 2016)

Michael McGrath: The Government brought in the insurance companies and asked them nicely what they would do about the problem. We are hearing a lot of motherhood and apple pie, but not a lot of action. It is not good enough because people feel that the insurance industry is not stepping up to the mark and providing cover.

Leaders' Questions (28 Jan 2016)

Michael McGrath: We are not asking it to provide cover where there is a probability of property being flooded in the future. That is a much more complex issue, as the Government knows. The reality is that €1.4 billion has been collected from insurance policyholders in respect of the 3% stamp duty over the past 15 years. People are asking what that money was for. In cases where schemes have been...

Leaders' Questions (28 Jan 2016)

Michael McGrath: We are talking about insurance.

Leaders' Questions (28 Jan 2016)

Michael McGrath: It is being done in other areas.

Leaders' Questions (28 Jan 2016)

Michael McGrath: I refer to where schemes have been completed.

Leaders' Questions (28 Jan 2016)

Michael McGrath: The Government cut the budget for 2016.