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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Mairéad Farrell: I take the point regarding how debt is a cloud for people and how it paralyses them with fear because they do not know how to deal with it or are too terrified to do so. That is a powerful point. Mr. Kissane is saying that we do not need to give more powers to the Central Bank for enforcement but what we need to do is increase competition and I take that point. What work can this...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Mairéad Farrell: We are talking about two separate issues now. My question was for Mr. Kissane on increasing competition. That said, I take Mr. Burgess' point about primary legislation. Indeed, I was going to ask a question about that but Mr. Burgess has given me an answer. I take his point about primary legislation but it does not answer my question about increasing competition.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Mairéad Farrell: It was Mr. Kissane who said that our focus needs to be on increasing competition in the market, which is why I was asking-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Mairéad Farrell: I understand that but what I am asking is-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Mairéad Farrell: Obviously I am aware of that but Mr. Kissane mentioned increasing competition, which is why I posed my question. I totally take Mr. Burgess's point on that and on the primary legislation. That is a very good point and is something that this committee can take on board.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Mairéad Farrell: Do the witnesses have any international examples as to how the regulation of the regulator or central banks works in other jurisdictions?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Mairéad Farrell: I take that point and that is definitely something we can examine and raise with others. That is really welcome and it is something that we will have at the back of our minds the next time we meet representatives of the Central Bank. On the question of regulating the regulator, as mentioned by Mr. Hall, do any our guests have an international perspective on that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Mairéad Farrell: I was struck by something Mr. Hall said. The other witnesses may have mentioned it as well. I always think that if the people on one street or in one neighbourhood spoke to each other and told each other the issues they were going through when it comes to things like this, and if people knew how much it impacts others across their communities, they would feel a lot less alone. I take the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Mairéad Farrell: It was Mr. Kissane who raised the competition issue. Mr. Burgess is answering as if I brought it up out of nowhere. Mr. Kissane said it and I just asked a question, that is all.

Credit Union (Amendment) Bill 2022 [Seanad]: Second Stage (28 Feb 2023)

Mairéad Farrell: I welcome the fact that we are having this discussion on the Credit Union (Amendment) Bill 2022 and, indeed, the work credit unions are doing at the moment and continue to do. It is very important, of course, that we listen to what the credit union sector has been saying regarding the powers and ability it has. I have a particularly keen interest in the issue and I have been quite vocal...

Written Answers — Department of Housing, Planning, and Local Government: Local Authorities (28 Feb 2023)

Mairéad Farrell: 273. To ask the Minister for Housing, Planning, and Local Government if his Department will approve the request for additional staff from Galway City Council housing unit, given the fact that council tenants in Galway are waiting months for maintenance works and retrofits; and if he will make a statement on the matter. [9649/23]

Written Answers — Department of Housing, Planning, and Local Government: Fuel Prices (28 Feb 2023)

Mairéad Farrell: 296. To ask the Minister for Housing, Planning, and Local Government if his Department has a plan to address issues with regard to fuel affordability for social housing tenants whose homes are being upgraded from solid fuel to oil heating systems, given that this work may be done in advance of any potential energy efficiency works such as insulation; and if he will make a statement on the...

Policing, Security and Community Safety Bill 2022: Second Stage (Resumed) (23 Feb 2023)

Mairéad Farrell: For the information of the Dáil, the Minister had to step out to deal with an issue to do with the shooting in Omagh. He gave his apologies ahead of doing so.

Standards in Public Office (Amendment) Bill 2023: First Stage (23 Feb 2023)

Mairéad Farrell: I move: "That the Bill be taken in Private Members' time."

Standards in Public Office (Amendment) Bill 2023: First Stage (23 Feb 2023)

Mairéad Farrell: I move: That leave be granted to introduce a Bill entitled an Act to make certain amendments to the Standards in Public Office Act 2001 and the Ethics in Public Office Act 1995; and to provide for related matters. I am delighted to be introducing the Standards in Public Office (Amendment) Bill 2023 with my colleague Deputy Buckley. Cuireann sé an-áthas orm an Bille seo a chur...

Written Answers — Department of Rural and Community Development: Harbours and Piers (23 Feb 2023)

Mairéad Farrell: 7. To ask the Minister for Rural and Community Development the status of the progress in relation to repairs and works to be carried out on the piers for the Islands; and if she will make a statement on the matter. [8369/23]

Written Answers — Department of Finance: Tax Data (23 Feb 2023)

Mairéad Farrell: 195. To ask the Minister for Finance the total cost of capital allowances related to accelerated depreciation in each of the years 2018, 2019, 2020 and 2021, in tabular form; and if he will make a statement on the matter. [9295/23]

Written Answers — Department of Foreign Affairs and Trade: Middle East (23 Feb 2023)

Mairéad Farrell: 219. To ask the Minister for Foreign Affairs and Trade his views on the prospects for a two state solution given the new Israeli Governments' stated position that Jews alone have an exclusive and inalienable right to all parts of the land of Israel; and if he will make a statement on the matter. [9419/23]

Written Answers — Department of Children, Equality, Disability, Integration and Youth: Early Childhood Care and Education (23 Feb 2023)

Mairéad Farrell: 244. To ask the Minister for Children, Equality, Disability, Integration and Youth if he will provide an update on plans for year 2 of Core Funding for the early learning and childcare sector; when the details of the next pay agreement will be available; and if he will make a statement on the matter. [9402/23]

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