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Ceisteanna ó Cheannairí - Leaders' Questions (29 Nov 2022)

Micheál Martin: I thank the Deputy for raising this very important issue. Transfers to Irish Water of water services workers under the framework for future delivery of water services, which was identified, as the Deputy will know, at the Workplace Relations Commission on 24 June of this year, are voluntary. Every worker will have the option of staying with his or her local authority, and transfers will...

Ceisteanna ó Cheannairí - Leaders' Questions (29 Nov 2022)

Micheál Martin: Again, the Deputies opposite keep talking about the word "emergency", but why did they oppose the Land Development Agency Act? Why did they oppose the Affordable Housing Act? Is it really an emergency when Deputies indulge in the luxury of opposing legislation that provides additional supply on public land? That is the problem. I feel that people-----

Ceisteanna ó Cheannairí - Leaders' Questions (29 Nov 2022)

Micheál Martin: People articulate a lot of rhetoric in the House about "emergency" and "urgency" and so on.

Ceisteanna ó Cheannairí - Leaders' Questions (29 Nov 2022)

Micheál Martin: I suggest this rhetoric sometimes is not matched. The homeless issue is a very serious issue.

Ceisteanna ó Cheannairí - Leaders' Questions (29 Nov 2022)

Micheál Martin: We need more supply to deal with that. That is why we have ramped up social housing supply very significantly - to deal with the issue of homelessness and the waiting lists for people who are trying to get social housing. This is why we have ramped it up, and it is up significantly. Consider the numbers of workers who are working in construction. There are 40,000 more people working in...

Ceisteanna ó Cheannairí - Leaders' Questions (29 Nov 2022)

Micheál Martin: The bottom line is that it has to compete with other, bigger banks that operate in financial services in this country and which employ thousands of people-----

Ceisteanna ó Cheannairí - Leaders' Questions (29 Nov 2022)

Micheál Martin: -----and with technology companies that can offer far higher rates of pay. There is a fundamental issue there as well.

Ceisteanna ó Cheannairí - Leaders' Questions (29 Nov 2022)

Micheál Martin: Sinn Féin went for direct action in its time.

Ceisteanna ó Cheannairí - Leaders' Questions (29 Nov 2022)

Micheál Martin: No, I do not. Some very fundamental decisions have been taken that have changed the momentum in respect of housing for the next decade. We are already on track to exceed this year's target of 24,600 under Housing for All. We need to consider that we had two significant lockdowns during the Covid pandemic, which dominated the first year and a half to two years of this Government. Despite...

Ceisteanna ó Cheannairí - Leaders' Questions (29 Nov 2022)

Micheál Martin: -----and to keep the debate at that level, but not to look more seriously at the issues that the review brings out. There are 34 recommendations in this review. It has changed dramatically. Parallel with that, last week, the Government published the credit union Bill. The Minister of State, Deputy Fleming, has done excellent work in this regard. This review states that the credit union...

Ceisteanna ó Cheannairí - Leaders' Questions (29 Nov 2022)

Micheál Martin: But you will not-----

Ceisteanna ó Cheannairí - Leaders' Questions (29 Nov 2022)

Micheál Martin: I found the Deputy’s last comment in the last segment of her question very intriguing. She is basically saying that, unlike other sectors, unlike the financial services sector, that ordinary workers in the banks are not or should not be entitled to variable pay.

Ceisteanna ó Cheannairí - Leaders' Questions (29 Nov 2022)

Micheál Martin: That is clearly what she is saying, because she said that they just be paid the basic salary and that is it.

Ceisteanna ó Cheannairí - Leaders' Questions (29 Nov 2022)

Micheál Martin: That is what the Deputy said, and it is a very important point because of the core recommendation from the banking review that the Government has accepted.

Ceisteanna ó Cheannairí - Leaders' Questions (29 Nov 2022)

Micheál Martin: The Deputy is saying that the ordinary bank worker is not entitled-----

Ceisteanna ó Cheannairí - Leaders' Questions (29 Nov 2022)

Micheál Martin: -----to the variable pay or indeed is not entitled to standard benefits-----

Ceisteanna ó Cheannairí - Leaders' Questions (29 Nov 2022)

Micheál Martin: -----in terms of the variable of €20,000.

Ceisteanna ó Cheannairí - Leaders' Questions (29 Nov 2022)

Micheál Martin: In terms of the cap for the CEO, that relates to one bank under this recommendation, which is the Bank of Ireland.

Ceisteanna ó Cheannairí - Leaders' Questions (29 Nov 2022)

Micheál Martin: Read it, because that is exactly as it is. That bank is not owned by the State and it has no share in that bank.

Ceisteanna ó Cheannairí - Leaders' Questions (29 Nov 2022)

Micheál Martin: In the first instance, the outcome of the retail banking review is an important piece of work. It contains 34 recommendations. We have gone from 13 retail banks down to three. The banking landscape has changed dramatically. The report is worth reading, and the Deputy should read it in its entirety. There are very interesting recommendations, including recommending that Government would...

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