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Seanad: Planning and Development (Housing) and Residential Tenancies Bill 2016: Report and Final Stages (29 Nov 2016)

Paddy Burke: Of course.

Seanad: Planning and Development (Housing) and Residential Tenancies Bill 2016: Report and Final Stages (29 Nov 2016)

Paddy Burke: I welcome the Minister of State's amendment. It has arisen from the debate in this House. The amendment strengthens the Bill and makes it much better. After three years the Minister will review the process and there is a possibility of extending the procedures for a further two years if it is considered that it is necessary to do that. If the process is not working the procedures will not...

Seanad: Planning and Development (Housing) and Residential Tenancies Bill 2016: Report and Final Stages (29 Nov 2016)

Paddy Burke: I thank the Minister for accepting the amendment, which mainly came from this House. This will make the Bill better and will give local authorities and local representatives an opportunity to voice their opinions on particular planning applications that are greater than 100 houses in size. This is a worthwhile amendment and I thank the Minister of State for it. I hope the consultation with...

Seanad: Planning and Development (Housing) and Residential Tenancies Bill 2016: Committee Stage (23 Nov 2016)

Paddy Burke: I agree with the Minister, who makes a lot of sense and who said he would return to this matter on Report Stage. Developers and builders have been the most demonised people in this country in the past six or seven years. They have all been categorised as the one group. While there were some people who abused the system, the vast majority of them have been demonised by the public and the...

Seanad: Planning and Development (Housing) and Residential Tenancies Bill 2016: Committee Stage (23 Nov 2016)

Paddy Burke: Senator Norris may well laugh but why is there no development taking place? The developers and builders have lost confidence. The ones who got into trouble lost their properties and their homes. The vast majority lost everything. The vast majority of their properties are in NAMA or with vulture funds or the banks. The ones who were lucky enough to escape and who may have sites have no...

Seanad: Planning and Development (Housing) and Residential Tenancies Bill 2016: Committee Stage (23 Nov 2016)

Paddy Burke: I did say that a few abused the system.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Permanent TSB (22 Nov 2016)

Paddy Burke: To follow on from Deputy Pearse Doherty, did the Department of Finance offer any view on the challenges Permanent TSB is taking to the High Court or the Supreme Court? Given that it is a State bank, I am sure the Department of Finance would have a say.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Permanent TSB (22 Nov 2016)

Paddy Burke: Where does the bank go from here? Is it good enough to be able to stand on its own two feet from here on in?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Permanent TSB (22 Nov 2016)

Paddy Burke: Has the Department of Finance offered a view on where the bank may go from here?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Permanent TSB (22 Nov 2016)

Paddy Burke: The bank said some time ago that it was going to sell off the commercial side of its business and that it would no longer be involved in that area. However, I note that Mr. Masding said in his presentation that the bank is very interested in the small business side of the market. Is that a change of policy?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Permanent TSB (22 Nov 2016)

Paddy Burke: I think it is important that there is competition for the other two banks, but has the bank changed its policy on the commercial sector?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Permanent TSB (22 Nov 2016)

Paddy Burke: The portfolios that the bank sold off were all commercial real estate portfolios. Is that correct?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Permanent TSB (22 Nov 2016)

Paddy Burke: It did not sell off any mortgages or small business loans. Is that right?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Permanent TSB (22 Nov 2016)

Paddy Burke: Have those whose loans were sold off to vulture funds or to others been notified of that fact? Do those people know where their loans are?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Permanent TSB (22 Nov 2016)

Paddy Burke: They have been notified by the bank.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Permanent TSB (22 Nov 2016)

Paddy Burke: Representatives of another bank who appeared before this committee said that they were promoting fixed rate mortgages. Does Permanent TSB favour that route?

Seanad: Order of Business (17 Nov 2016)

Paddy Burke: I ask the leader to invite the Minister for Education and Skills to the House to discuss funding for third level institutions. It has been brought to my attention that some of those campuses that are attached to main colleges are in difficulty, particularly in Castlebar where the Galway Mayo Institute of Technology, GMIT, is going through a difficult period. This has consequences for staff...

Seanad: Order of Business (17 Nov 2016)

Paddy Burke: Two heavyweights.

Seanad: Transport, Tourism and Sport: Statements (16 Nov 2016)

Paddy Burke: Senator Mac Lochlainn should withdraw that remark. We have been waiting to speak but have been unable to do so.

Seanad: Transport, Tourism and Sport: Statements (16 Nov 2016)

Paddy Burke: The Senator is being unfair. We followed the debate on the monitors in our offices. He should withdraw his comment.

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