Results 16,501-16,520 of 27,945 for speaker:Michael McGrath

Consumer Protection (Regulation of Credit Servicing Firms) (Amendment) Bill 2018: Referral to Select Committee [Private Members] (6 Mar 2018)

Michael McGrath: I move:That the Bill be referred to the Select Committee on Finance, Public Expenditure and Reform, and Taoiseach pursuant to Standing Orders 84A(3)(a) and 141.

Written Answers — Department of Finance: Stamp Duty (6 Mar 2018)

Michael McGrath: 57. To ask the Minister for Finance the status of an application for a reduced rate of stamp duty on certain farm consolidation transactions; and if he will make a statement on the matter. [10739/18]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Finances Post-2020: European Commissioner for Budget and Human Resources (6 Mar 2018)

Michael McGrath: I would like to welcome the Commissioner and his colleagues. Could the Commissioner clarify the extent of the Brexit gap? He mentioned a range of €12 billion to 14 billion. If we park the issue of outstanding commitments to existing programmes and when all of that washes itself through, what is the annual structural gap in terms of the Brexit bill, the shortfall as a result of the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Finances Post-2020: European Commissioner for Budget and Human Resources (6 Mar 2018)

Michael McGrath: What percentage of the annual EU budget would that amount to?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Finances Post-2020: European Commissioner for Budget and Human Resources (6 Mar 2018)

Michael McGrath: The Commission's initial proposal is that that gap would be met in two ways; split 50-50 between increased contributions from member states and cuts to EU spending on an equal proportion. Is that the position?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Finances Post-2020: European Commissioner for Budget and Human Resources (6 Mar 2018)

Michael McGrath: If that were to materialise, and if we take the figure of €12 billion, member states would pay an extra €6 billion in proportion to their contributions and there would be expenditure cuts in the region of €6 billion out of an annual budget of approximately €150 billion. That is a 4% expenditure cut, there or thereabouts.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Finances Post-2020: European Commissioner for Budget and Human Resources (6 Mar 2018)

Michael McGrath: Is the overall timeline for the new MFF going to be a seven year period or is it going to be a ten year period?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Finances Post-2020: European Commissioner for Budget and Human Resources (6 Mar 2018)

Michael McGrath: Is that decision made?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Finances Post-2020: European Commissioner for Budget and Human Resources (6 Mar 2018)

Michael McGrath: When must it be agreed by?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Finances Post-2020: European Commissioner for Budget and Human Resources (6 Mar 2018)

Michael McGrath: The absolute deadline is some point in 2020.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Finances Post-2020: European Commissioner for Budget and Human Resources (6 Mar 2018)

Michael McGrath: In relation to possible additional sources of revenue that the EU is examining, I note that there is mention of common consolidated corporate tax base, including the digital sector. These are proposals that are not agreed, either the common consolidated corporate tax base, CCCTB, or the new proposed method of taxing the very large digital companies based on where their users are as opposed...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Finances Post-2020: European Commissioner for Budget and Human Resources (6 Mar 2018)

Michael McGrath: On that question of climate change and emission reduction targets, what role will that play in the new MFF in terms of meeting the UN's sustainable development goals, the Paris climate agreement, and the responsibilities of individual member states to meet their targets and their obligations? How central will that issue be in the negotiation and in the final shape of the new MFF?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Finances Post-2020: European Commissioner for Budget and Human Resources (6 Mar 2018)

Michael McGrath: It seems that the period ahead in seeking to reach an agreement will be extremely challenging. Trying to reach agreement on any expenditure cuts is incredibly difficult. We know all about that in this country given the crisis we have come through in the past ten years and the fiscal consolidation that was necessary. How great a challenge will it be for the European Union to agree a new...

Leaders' Questions (8 Mar 2018)

Michael McGrath: Today is International Women's Day which is rightly being celebrated all over the world, including in the House. There is some irony therefore in the fact that we listened yesterday to two courageous female civilian officers working with An Garda Síochána, Ms Lois West and Ms Laura Galligan, give evidence to the justice committee of how they had endured 15 months of torment because...

Leaders' Questions (8 Mar 2018)

Michael McGrath: We do not have protected disclosures because these two women had the courage to come forward and speak before an Oireachtas committee in public session. While we may not have any evidence that crimes were improperly investigated, we have it on record from these two women that people may well have been put in danger, in particular women in a domestic context, due to the misclassification and...

Questions on Promised Legislation (8 Mar 2018)

Michael McGrath: Earlier this week the Competition and Consumer Protection Commission, CCPC, published a report on personal contract plans, PCPs, which are now a very important part of financing transactions in the motor industry. One of the commission's recommendations is that PCPs would come under the Central Bank's consumer protection code. This would require the intermediary or the car finance company...

Motor Insurance: Motion (Resumed) [Private Members] (8 Mar 2018)

Michael McGrath: I move amendment No. 2: To delete all words after “Dáil Éireann” and substitute the following: “recognises that: — it has been 19 months since the Government first established the cost of insurance working group, CIWG, and 13 months since the publication of its Report on the Cost of Motor Insurance; — according to the fourth progress update...

Credit Union Sector Report: Motion (8 Mar 2018)

Michael McGrath: I welcome the opportunity to speak on the Oireachtas finance committee's report. I welcome representatives of the various credit union bodies in the Visitors Gallery. They might have missed the start of the debate because it started earlier than scheduled but I am glad they are here. I am sure they will be able to watch a recording of the beginning of the debate, introduced by the Chairman...

Written Answers — Department of Finance: Mortgage Arrears Rate (8 Mar 2018)

Michael McGrath: 38. To ask the Minister for Finance the non-performing loan ratio on residential mortgages according to the latest statistics; the non-performing loan ratio on residential mortgages in each eurozone country; and if he will make a statement on the matter. [10889/18]

Written Answers — Department of Finance: Banking Sector Data (8 Mar 2018)

Michael McGrath: 39. To ask the Minister for Finance the number and value of completed loan sales here in 2017 from Irish regulated banks; the number and value of ongoing loan sales here currently from Irish regulated banks; and if he will make a statement on the matter. [10890/18]