Results 14,241-14,260 of 28,162 for speaker:Catherine Murphy
- Public Accounts Committee: Business of Committee (4 Jul 2019)
Catherine Murphy: We should thank Mr. Morgan for coming in and for providing this additional material that we can all use individually as well. It is important to say that it is not falling on deaf ears. He has gone to considerable effort, and some of the principles he discussed on to how projects are approached were very useful. It re-frames one's perspective when looking at overspends on large projects,...
- Public Accounts Committee: Business of Committee (4 Jul 2019)
Catherine Murphy: We should also draw the State Claims Agency's attention to it, because there is a risk assessment aspect to its work.
- Public Accounts Committee: Business of Committee (4 Jul 2019)
Catherine Murphy: Approximately 50% of its turnover is public money and we need to look at it. We had representatives before the committee in early 2017 and the process was quite chaotic. The Harold's Cross property has been sold in the meantime. We should have the representatives before us to look at the next set of accounts, which I presume are available.
- Public Accounts Committee: Business of Committee (4 Jul 2019)
Catherine Murphy: We are concerned with the finance and value-for-money aspects.
- Public Accounts Committee: Business of Committee (4 Jul 2019)
Catherine Murphy: We can discuss the scale of funding relative to the amount provided to other sports, for example.
- Public Accounts Committee: Business of Committee (4 Jul 2019)
Catherine Murphy: In some areas we have focused on bogus self-employment. I am not saying it happens in universities but there can be fairly unorthodox employment practices with respect to the employment of tutors. I became aware of somebody recently who had spent three or four years tutoring but was finding it difficult to get contracts. That practice is kind of repeated in various universities. There was...
- Public Accounts Committee: Business of Committee (4 Jul 2019)
Catherine Murphy: Many of them do not have contracts.
- Public Accounts Committee: Business of Committee (4 Jul 2019)
Catherine Murphy: The perception is that if somebody is employed in a university, it is a good job, but some tutors find themselves drawing the dole during the summer.
- Public Accounts Committee: Business of Committee (4 Jul 2019)
Catherine Murphy: I can write to the education committee.
- Public Accounts Committee: Business of Committee (4 Jul 2019)
Catherine Murphy: Yes. I will send a note.
- Public Accounts Committee: Business of Committee (4 Jul 2019)
Catherine Murphy: That is okay.
- Public Accounts Committee: Business of Committee (4 Jul 2019)
Catherine Murphy: I am a member of the Houses of the Oireachtas Commission so I presume there is a conflict of interest for me. How was that handled previously?
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019) Catherine Murphy: I will pick up on the €33 billion. Housing is included as an area for investment but over five years, if one considers an average house price to be €300,000, this would build something like 33,000 houses. It puts in context the extent of what we cannot do, that is, the opportunity cost. Billions get confused with millions these days. It really does show the magnitude of the...
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019) Catherine Murphy: It is in the league table captioned "Despite progress, debt & interest remain elevated" in the NTMA's written submission to the committee.
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019) Catherine Murphy: I misread that. The NTMA also says that the amount of debt is largely unchanged since 2014. On a previous occasion we were told that some bilateral debts had been paid off and we obviously have paid off some others. There has been borrowing in the meantime. Does Mr. O'Kelly have a figure for which is residual debt and which is new? We need to take on debt if we are to invest in capital...
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019) Catherine Murphy: With regard to the former Irish Bank Resolution Corporation, the bonds are being worked through. I do not know what the terminology is but the NTMA is changing them from promissory notes into-----
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019) Catherine Murphy: Exactly, if we just use layperson's language. What is the profile of that from 2018 onwards?
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019) Catherine Murphy: How far ahead of schedule is the NTMA?
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019) Catherine Murphy: Will Mr. O'Kelly provide a note on that?
- Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019) Catherine Murphy: The promissory notes were essentially an IOU. They have been turned into money. The NTMA is turning them into bonds and is trying to do it at the cheapest price possible.