Results 9,921-9,940 of 11,968 for speaker:Paul Murphy

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

Paul Murphy: I thank Mr. Masding for his presentation. Question No. 3 on page 15 relates to the €4 billion bailout for PTSB. The question is about how much has been repaid and how much will be repaid. When one adds everything together, which includes the deposit guarantee scheme, effectively the witness is saying the bank has repaid €2.6 billion of the €4 billion bailout. However,...

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

Paul Murphy: The fundamental point is whether it was good use of the public's money to spend more than €4 billion to keep Permanent TSB alive, as opposed to saving depositors and using those resources for society. Given the witnesses' position, they will have only one answer to that and I will not bother seeking it.

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

Paul Murphy: A brief one.

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

Paul Murphy: I will return to the questions Deputy Sherlock asked about buy-to-let repossession. Permanent TSB has 672 voluntary surrenders and 56 repossessions of buy-to-let properties, which is a total of 728. How many of those cases involved the eviction of the tenants to achieve vacant possession?

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

Paul Murphy: Does the bank keep statistics on that?

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

Paul Murphy: The State owns 75% of the bank. Has there been a requirement from the Minister for Finance or any representations from the State regarding policies relating to eviction of tenants in the context of buy-to-let repossessions?

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

Paul Murphy: That means, hopefully, no direct evictions. The number of owner-occupier mortgages in arrears is down 50% since September 2013. Part of that is the selling of approximately 5,500 mortgages to vulture funds. Do the witnesses have any idea what happened there? Is the question of whether they will evict tenants something the witnesses take into account when they are choosing to whom they...

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

Paul Murphy: Have the witnesses any idea what happened to those that were sold? They are implying that a bunch of them would be commercial property and so forth, but some of them could be connected residential.

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

Paul Murphy: Another question relates to where the bank has repossessed properties. A common complaint many of us encounter is that when people see boarded-up houses they presume they are owned by the council, but often they are not owned by the council but by banks. Non-governmental organisations, NGOs, have said there is a process of repossessed houses lying empty for a period of time. Threshold told...

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

Paul Murphy: From reading the figures it would seem that a lot of buy-to-lets are on tracker mortgages - that a disproportionate number of buy-to-let properties are on tracker mortgages versus owner occupiers. Is that accurate?

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

Paul Murphy: What if ECB interest rates rise, which they will do at some point? It is just a question of time. Will that create a knock-on problem for tenants in terms of buy-to-let mortgages?

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

Paul Murphy: Richard Curran of the Irish Independentdescribed it as the great unexploded financial time bomb ticking away in Ireland waiting to be detonated by rising EC interest rates. If there were to be a significant rise in interest rates would many people with buy-to-let mortgages get into difficulties?

Written Answers — Department of Social Protection: Jobseeker's Allowance Payments (22 Nov 2016)

Paul Murphy: 56. To ask the Minister for Social Protection if his Department has assessed the impact on youth poverty of the lower rates of unemployment allowance; if so, the findings of such an assessment; and if he will make a statement on the matter. [36028/16]

Written Answers — Department of Social Protection: Child Maintenance Payments (22 Nov 2016)

Paul Murphy: 64. To ask the Minister for Social Protection if he will review the way child maintenance is considered in means tested payments in view of the fact that often families can be worse off if in receipt of the payment; and if he will make a statement on the matter. [36027/16]

Written Answers — Department of Social Protection: Jobseeker's Allowance Payments (22 Nov 2016)

Paul Murphy: 77. To ask the Minister for Social Protection his plans on cutting unemployment payments following reported comments (details supplied) made at a recent Pobal conference in Dublin City University; and if he will make a statement on the matter. [36026/16]

Written Answers — Department of Social Protection: Carer's Allowance Waiting Times (22 Nov 2016)

Paul Murphy: 83. To ask the Minister for Social Protection the processing times for carer’s allowance and benefit applications; the measures he will take to reduce these times; and if he will make a statement on the matter. [36025/16]

Written Answers — Department of Social Protection: Rent Supplement Scheme Administration (22 Nov 2016)

Paul Murphy: 87. To ask the Minister for Social Protection if his Department has reviewed the number of properties available to rent within the rent allowance limits; and if he will make a statement on the matter. [36029/16]

Written Answers — Department of Social Protection: Rent Supplement Scheme Administration (22 Nov 2016)

Paul Murphy: 282. To ask the Minister for Social Protection if he will consider reviewing the regulations for rent supplement for those who are in homeless accommodation in view of the costs and difficulties they face; and if he will make a statement on the matter. [35946/16]

Written Answers — Department of Health: Services for People with Disabilities (22 Nov 2016)

Paul Murphy: 416. To ask the Minister for Health the reason a person's family (details supplied) were not informed of case funding review meetings; if any further case funding review meetings will take place; if a date will be fixed for the assessment from the HSE that the person has been due to receive since March 2016; and if he will make a statement on the matter. [35891/16]

Written Answers — Department of Health: Drug and Alcohol Task Forces (22 Nov 2016)

Paul Murphy: 427. To ask the Minister for Health the funding provided to the Tallaght drug and alcohol task force each year since its foundation in 1997 in tabular form; and if he will make a statement on the matter. [35949/16]