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Other Questions: Consumer Protection (23 Jun 2016)

Joan Burton: 8. To ask the Minister for Finance his plans to ensure that mortgage holders, tenants and small to medium sized business with loans or credit from non-bank lenders or vulture funds are fully protected; if he is considering extending the provisions of the Consumer Protection (Regulation of Credit Servicing Firms) Act 2015 in this regard; and if he will make a statement on the matter. [17521/16]

Other Questions: Consumer Protection (23 Jun 2016)

Joan Burton: Does the Minister have plans to further extend consumer protection and regulation to people whose loans have been acquired, particularly relatively small scale borrowers, mortgage holders, tenants of mortgage holders and small to medium sized businesses, by hedge funds and vulture funds and so on?

Other Questions: Consumer Protection (23 Jun 2016)

Joan Burton: Has the Minister met with the purchasers of these loans, the vulture funds and hedge funds? By and large, they bought with the idea of flipping these loans within a relatively short period of three to five years. We are now at a stage where, as the Minister said, we are reducing the number of distressed mortgages, but those left in distress are probably much worse cases and many have not...

Summer Economic Statement 2016: Statements (23 Jun 2016)

Joan Burton: I would be grateful if the Acting Chairman could advise me when 15 minutes have elapsed as I am sharing time with my colleague, Deputy Sherlock. This is the first full-on Fine Gael budget or economic plan that we have seen, unmitigated by any left-of-centre force-----

Summer Economic Statement 2016: Statements (23 Jun 2016)

Joan Burton: -----so this is what Fine Gael is planning, and there are a few things I want to draw attention to in it. Under the summer economic statement, the share of public spending in GDP will decline from 28.9% in 2016, which is already one of the lowest in any advanced country, to 25.3% in 2021. This is a shocking decline over a five-year period in the share of public spending and...

Written Answers — Department of Finance: Ireland Strategic Investment Fund Investments (23 Jun 2016)

Joan Burton: 31. To ask the Minister for Finance the amount of funding made available through the Ireland Strategic Investment Fund, ISIF, for social and affordable housing provision; if he is satisfied with the current rates of interest being charged to borrowers through the fund; if he is reviewing the operation of the mechanisms through which credit is accessed from the fund; and if he will make a...

Written Answers — Department of Finance: Motor Insurance Regulation (23 Jun 2016)

Joan Burton: 33. To ask the Minister for Finance if he and the Minister for Transport, Tourism and Sport have received initial recommendations following a review of rising motor insurance compensation; if he will provide a full update on the review of policy in the insurance sector which his Department is currently undertaking in consultation with the Central Bank; the reforms he is considering to tackle...

Written Answers — Department of Finance: EU Budgets (23 Jun 2016)

Joan Burton: 41. To ask the Minister for Finance if he shares the views recently expressed by the Dutch Minister for Finance and chairman of the eurozone Finance Ministers, Mr. Jeroen Dijsselbloem, that European Union Finance Ministers are concerned that the European Commission is not applying budget laws in the same way to large and small countries and is undermining confidence in the rules; and if he...

The Arts: Motion [Private Members] (22 Jun 2016)

Joan Burton: On a point of order, there are artists in the Gallery.

The Arts: Motion [Private Members] (22 Jun 2016)

Joan Burton: There are many ways in which we can renew and revitalise Ireland, but without a doubt an important pillar of renewing and revitalising our country is to refocus our support for the arts and culture. In that context, I am happy to support the motion put forward by Deputy Niamh Smyth. An Ireland of opportunity for all would not just deliver a good education system, good jobs and investment in...

Committee on Arrangements for Budgetary Scrutiny: Engagement with Economic and Social Research Institute (22 Jun 2016)

Joan Burton: It is nice to see Professor Barrett. My understanding is that the SWITCH model is quite old. Does the ESRI have plans to update it? I appreciate that this would require funding, probably from the Government. Some work has been done on a more real-time model. What would Professor Barrett describe as the strengths and weaknesses of this model? For instance, certain distributional factors...

Committee on Arrangements for Budgetary Scrutiny: Engagement with Economic and Social Research Institute (22 Jun 2016)

Joan Burton: On that point, what would Professor Barrett prune and what additionality would the ESRI provide if it got that funding?

Committee on Arrangements for Budgetary Scrutiny: Engagement with Economic and Social Research Institute (22 Jun 2016)

Joan Burton: That makes a huge difference and people know that. If the person living in house No. 1 on a street has a medical card while the person living in house No. 10 is working in a low-paid job but does not qualify for a medical card, on the switch model, the only income for the person in house No. 1 that is included is that from the Department of Social Protection but the value of the medical card...

Committee on Arrangements for Budgetary Scrutiny: Engagement with Economic and Social Research Institute (22 Jun 2016)

Joan Burton: That could be in relation to the capital programme or any major amounts of public spending.

Committee on Arrangements for Budgetary Scrutiny: Engagement with Irish Fiscal Advisory Council (22 Jun 2016)

Joan Burton: I welcome the witnesses. Mr. Tutty's final comment was very helpful. Yesterday, we had a reasonable example of what happens, the Department of Finance telephoned about an hour before the release of the document. We were invited to the Department of Finance. Those of us who read the newspapers or engage in social media had the privilege of reading a summary and commentary on it. I do not...

Committee on Arrangements for Budgetary Scrutiny: Engagement with Irish Fiscal Advisory Council (22 Jun 2016)

Joan Burton: In the context of the standard publications from the Departments, would additional information be useful? For example, would it be useful to have a percentage analysis of changes which do not tend to be in the published documents but which the Department probably does automatically on their programmes? The members of the committee should not have to sit down and re-analyse or have somebody...

Committee on Arrangements for Budgetary Scrutiny: Engagement with Irish Fiscal Advisory Council (22 Jun 2016)

Joan Burton: Does Professor McHale wish to comment on the information available on the capital programme?

Committee on Arrangements for Budgetary Scrutiny: Engagement with Office for Budget Responsibility (22 Jun 2016)

Joan Burton: What is The OBR's working relationship with the corresponding UK parliamentary committee and members of Parliament? Does he meet them regularly? Do they have a legal entitlement to a flow of documentation from him? Can they ring somebody in his office if they do not understand something, such as a line about health etc?

Pre-European Council: Statements (21 Jun 2016)

Joan Burton: I am conscious that this debate is taking place in the shadow of the murder of Jo Cox, MP, last week, as she was one of those who had argued for a vote for Britain to remain in the EU in this week's referendum. The European Union was founded in the aftermath of two dreadful world wars and a period of fascism which saw many millions of people killed. The aim was to bring Europeans together to...

Equal Status (Admission to Schools) Bill 2016: First Stage (21 Jun 2016)

Joan Burton: I move: "That the Bill be taken in Private Members' Time."

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