Results 5,441-5,460 of 36,134 for speaker:Pearse Doherty

Ceisteanna ó Cheannairí (Atógáil) - Leaders' Questions (Resumed) (8 Mar 2023)

Pearse Doherty: The Government is out of order.

Ceisteanna ó Cheannairí (Atógáil) - Leaders' Questions (Resumed) (8 Mar 2023)

Pearse Doherty: That is not a point of order.

Ceisteanna ó Cheannairí (Atógáil) - Leaders' Questions (Resumed) (8 Mar 2023)

Pearse Doherty: That is not a point of order.

Protection of Cash as Legal Tender: Motion [Private Members] (8 Mar 2023)

Pearse Doherty: We hear more and more talk about moving to a cashless society but cash remains a critical pillar of the financial system and access to it is crucial for citizens and businesses. Despite widespread commentary regarding the transition to a cashless society, most consumers value having cash. Its importance is even more critical for certain cohorts, including the elderly and those on low...

Committee on Budgetary Oversight: Report of the Commission on Taxation and Welfare: Discussion (Resumed) (8 Mar 2023)

Pearse Doherty: What would a proper plan look like from the point of view of the IFA? What would need to be included in it to encourage the necessary investment - the large numbers to which Mr. Cullinan referred - in alternatives? The horizon is clear in terms of climate change and the need for all sectors to do their bit. The agricultural sector is ready, willing and able to step up but it needs to know...

Committee on Budgetary Oversight: Report of the Commission on Taxation and Welfare: Discussion (Resumed) (8 Mar 2023)

Pearse Doherty: It is not today or yesterday that farmers started talking to me about their frustration at the barriers preventing them generating solar electricity and feeding it back into the grid, which would be a way of keeping their farms viable, even though we are missing our overall targets in terms of climate change objectives. Mr. Cullinan gave the example of rooftop solar. Tomorrow morning, my...

Committee on Budgetary Oversight: Report of the Commission on Taxation and Welfare: Discussion (Resumed) (8 Mar 2023)

Pearse Doherty: That uncertainty and stories circulating through the agricultural sector of farmers being hit with an unforeseen tax bill will probably unsettle people who may be considering taking the necessary steps we want them to take. To go back to the equalisation of the levy on agricultural fuel, what percentage of the component cost does fuel make up in the context of agriculture? If the proposal...

Committee on Budgetary Oversight: Report of the Commission on Taxation and Welfare: Discussion (Resumed) (8 Mar 2023)

Pearse Doherty: I thank Mr. Cullinan. May I ask a question of the IRHA?

Committee on Budgetary Oversight: Report of the Commission on Taxation and Welfare: Discussion (Resumed) (8 Mar 2023)

Pearse Doherty: I hear the comments of the witnesses from the IRHA. I am mindful of the fact that a ferry company in Norway is now banning hybrid cars and electric cars from boarding its ships because of the issues in respect of putting out fires. In terms of the trajectory, the manufacturers have come together to state that there will be no more diesel trucks in Europe by 2040. They have already signed...

Committee on Budgetary Oversight: Report of the Commission on Taxation and Welfare: Discussion (Resumed) (8 Mar 2023)

Pearse Doherty: I welcome the witnesses to the committee and thank them for their opening statements and the answers to the questions so far. I will try not to be repetitive in that regard. I will begin with the IFA. Its opening statement mentions the proposal by the Commission on Taxation and Welfare for equalisation on the levy on excise duty and that agricultural diesel be the same as marked gas oil....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (8 Mar 2023)

Pearse Doherty: I thank the Leas-Chathaoirleach and I thank our guests for coming before the committee. I have missed some of the earlier interaction but have read our guests opening statements and I have been briefed. Unfortunately, I was at another engagement. I wish to tease some matters out and if I am going over ground already covered, I can look over the transcripts, which I will do in any event....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (8 Mar 2023)

Pearse Doherty: In Mr. Sreenan’s experience, is it better to have one’s mortgage with a bank or a nonbank entity? Let me put it like this, if he was taking out a mortgage today, where would Mr. Sreenan rather have his mortgage? Would it be with a bank, a vulture fund or, as he calls it, a nonbank entity, or does he believe that there is no difference and that he would be protected in either...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (8 Mar 2023)

Pearse Doherty: I appreciate that and I made representations to banks and to vulture funds also. In some cases, one gets positive solutions from both of them. I also have a view that in the main, it is hard to get solutions or even engagement, in some cases, with all of the rest. This is what I am trying to ascertain from Mr. Sreenan because the vulture funds are not coming before us and are refusing to...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (8 Mar 2023)

Pearse Doherty: It is interesting that Dr. Lajoie mentions this. AIB was probably a good example in terms of its attempts to withdraw cash services. Those main street banks are susceptible to public pressure. It is why they spend money on advertising and on sponsorship. It is because they want us to feel good about their business and because they want people to open their children's accounts with them....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (8 Mar 2023)

Pearse Doherty: It is interesting. I commend the work MABS staff do right across the State. We see the issue when people contact us at my office, and the offices of some of my colleagues. There is a marked increase in the past number of months of people phoning in about mortgages. We were not hearing it for quite a while. There was a huge issue and a huge demand about it a couple of years ago. Some of...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (8 Mar 2023)

Pearse Doherty: I refer to the cases MABS is dealing with in terms of the nonbank vultures and those experiences and difficulties there, including some entity writing out to a client and excluding MABS from that process. Has MABS got a channel to Central Bank of Ireland in relation to that? The Central Bank is supervising these entities now and keeping a closer eye on them. It sent out the "Dear CEO"...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (8 Mar 2023)

Pearse Doherty: I too have met with Mr. Kincaid. One of the positive things we hear from the Central Bank is that not only are the likes of MABS and Deputies like myself and others bringing some of these cases to the bank, the Central Bank is also informing us that they are following up individually in these cases. If anybody who is listening is in that situation where procedures are not being followed, I...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (8 Mar 2023)

Pearse Doherty: I appreciate the work of MABS. We encourage people in energy difficulty to engage. We acknowledge that some of the big energy providers have ring-fenced a fund, which is under the administration of MABS, to support some of their customers who are financially vulnerable. In fairness to Bord Gáis, it would not know if it was me or Deputy Durkan who was struggling with our gas bill. It...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (8 Mar 2023)

Pearse Doherty: There has been much political discussion by different Governments that it was supposed to be forced and all the rest or that there would at least be a suite of options that every single entity would have to offer. That does not exist. It is great to say that the code of conduct on mortgage arrears applies to everybody. If you look at the fine print, however, it is clear that it only...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (8 Mar 2023)

Pearse Doherty: We put forward a proposal in the those terms. I told the Minister that we could introduce baselines whereby it would not kick in until a certain point. I refer, for example, to trackers and so on. The Central Bank is not going to intervene with regard to these interest rates, which will continue to go rise over the coming period. This relates to the €6,000 or €7,000 a person...