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Ceisteanna - Questions - Priority Questions: Credit Guarantee Scheme Applications (21 Feb 2013)

John Perry: The Deputy will be aware that both Microfinance Ireland, MFI, and the credit guarantee scheme began operating in October 2012. It is my intention that progress reports on the microenterprise loan fund will be published via the MFI website microfinanceireland.ie and updates on both schemes will be published on my Department’s website, enterprise.gov.ie, on a quarterly basis. Over 100...

Finance Bill 2013: Second Stage (Resumed) (21 Feb 2013)

John Perry: It would not be constitutional. The Deputy should ask the Attorney General.

Finance Bill 2013: Second Stage (Resumed) (21 Feb 2013)

John Perry: Rents are falling rather than increasing in County Kerry. The Deputy should stick to facts.

Finance Bill 2013: Second Stage (Resumed) (21 Feb 2013)

John Perry: Is the Deputy claiming rents are increasing?

Finance Bill 2013: Second Stage (Resumed) (21 Feb 2013)

John Perry: The Deputy should tell it as it is. Rents are not rising in County Kerry.

Finance Bill 2013: Second Stage (Resumed) (20 Feb 2013)

John Perry: This is about private businesses.

Finance Bill 2013: Second Stage (Resumed) (20 Feb 2013)

John Perry: It is easy for the Deputy to come with all the solutions and all the answers. His party was long enough in government and it did nothing about these matters. We have an understanding, concern and respect for business and we are in touch. We know only too well that the issue is about getting the banks to lend. It is not that simple to get money to small business because there is also the...

Finance Bill 2013: Second Stage (Resumed) (20 Feb 2013)

John Perry: This is a budget to provide for SMEs and the focus is on creating jobs in the real economy. The Taoiseach is very much aware of small companies. The Forfás report reviewed 159 licences required to do business. We are reducing them and will get rid of every one of them if we can. That is the legacy we inherited. The Minister, Deputy Noonan, has put together a comprehensive package....

Finance Bill 2013: Second Stage (Resumed) (20 Feb 2013)

John Perry: -----but the Minister, Deputy Hogan, is examining that.

Finance Bill 2013: Second Stage (Resumed) (20 Feb 2013)

John Perry: It is not a difference of profit and loss because on the basis of the rates of an average business of €3,000 per year, per euro it is 310%. No rates have gone up under this Administration. The Minister, Deputy Hogan, is dealing effectively with a major reform of local government. As the Minister with responsibility for small business, I welcome the opportunity to speak on the...

Finance Bill 2013: Second Stage (Resumed) (20 Feb 2013)

John Perry: They will not give money to non-viable businesses. Access to finance is a key issue for SMEs and is critical to long-term economic success. We have brought in the microfinance fund, the partial loan guarantee fund and there are private investors and other investors, but it is all about investing for a return. Increasing access to credit is a priority that the Government is addressing in a...

Finance Bill 2013: Second Stage (Resumed) (20 Feb 2013)

John Perry: Before I read my prepared script I wish to respond to Deputy McGuinness’s point about the confidence in credit. One must remember the legacy we inherited. Miracles take a while longer.

Finance Bill 2013: Second Stage (Resumed) (20 Feb 2013)

John Perry: It is not rubbish.

Finance Bill 2013: Second Stage (Resumed) (20 Feb 2013)

John Perry: That is the point.

Finance Bill 2013: Second Stage (Resumed) (20 Feb 2013)

John Perry: If the Deputy wants a reply, a review of licensing is ongoing with which I am dealing. That is a fact. We are now reviewing 50 licences in the retail trade involving 15 different authorities. We are hoping to have one authority by the end of the year. Members can call for rent reviews but the Deputy must remember that it was the previous Government that signed up all the soft leases. I...

Topical Issue Debate: Traveller Community (14 Feb 2013)

John Perry: I thank Deputies Finian McGrath and Ellis for raising this matter to which I am replying on behalf of the Minister for Justice and Equality, Deputy Shatter, who, because of other business commitments, is unable to be present. The shocking incident in which a house at Parkhill, Ballyshannon was destroyed by fire in the early hours of Monday, 11 February is of great concern to the Minister...

Topical Issue Debate: Traveller Community (14 Feb 2013)

John Perry: I again thank the Deputies for raising this matter and for the views they expressed. I will certainly pass on the points they made to the Minister, Deputy Shatter. I reiterate that the Garda authorities will pursue any evidence which points to the commission of a criminal act. We are all aware that the incident which occurred in Ballyshannon could have resulted in great loss of life. If...

Topical Issue Debate: Redundancy Payments (14 Feb 2013)

John Perry: I do not believe it is fully within our capacity. The special liquidation order was made and is no different from any other liquidation. I repeat what the Minister stated in the House. The employees' employment was terminated with immediate effect. The liquidator is the man in charge and he has complete autonomy with regard to the operation of the company, including its selling out over...

Topical Issue Debate: Redundancy Payments (14 Feb 2013)

John Perry: Whatever was the position prior to the date when the Minister took decisive action would not stand up. The Government has no role in how the Act is applied.

Topical Issue Debate: Redundancy Payments (14 Feb 2013)

John Perry: I am taking this issue on behalf of the Minister for Finance. I thank Deputy Spring for raising this very important issue. I welcome this opportunity to address the Dáil on the subject of IBRC staff redundancies as the welfare of all employees is of utmost concern to this Government. Liquidation by its legal nature creates an immediate termination of all employment contracts with the...

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