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Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2015)

Peadar Tóibín: Go raibh maith agat, a Chathaoirligh. Dr. O'Sullivan's response to Deputy Creed's engagement was interesting. One of the witnesses spoke about one of the things missing from this. There is nothing in these rules to prevent the Government from increasing revenue if it seeks to increase expenditure. The Mallow bypass is not being stopped by anybody else's rules, but by a Government...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2015)

Peadar Tóibín: Indeed.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2015)

Peadar Tóibín: Would it be possible to say how much of our growth can be attributed to some of those external factors? Would it be 50%, 40% or 30%?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2015)

Peadar Tóibín: Okay. The level of demand in Britain and the United States and the exchange rate, both of which are outside the reach of policy drivers in this State, would be big determining factors in the health of the economy.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2015)

Peadar Tóibín: I suggest there would still be a certain level of pent-up demand from the crash within the growth levels we see. I am referring to postponed investment. Would the witnesses say pent-up demand and postponed investment over the last seven years are represented in the domestic growth figures?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2015)

Peadar Tóibín: Do the witnesses have any views on what is necessary to resolve the problems in the housing sector? Perhaps that question is too micro for their analysis.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2015)

Peadar Tóibín: My final question relates to planned Government investment over the coming years. I understand the level of investment is to be cut from 1.8% to 1.5%. We have had a conversation about infrastructural deficits. In a healthy economy that is maintaining its capital stock and ensuring competitiveness in that regard, what is the percentage of GDP in Government investment that is logical?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2015)

Peadar Tóibín: That is twice what it is now and more than twice what it is projected to be.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Fiscal Assessment Report: Irish Fiscal Advisory Council (11 Jun 2015)

Peadar Tóibín: Okay. Sin é. Go raibh maith agaibh.

Written Answers — Department of Public Expenditure and Reform: Public Sector Staff Remuneration (11 Jun 2015)

Peadar Tóibín: 92. To ask the Minister for Public Expenditure and Reform the annual cost of introducing a living wage or minimal-threshold gross salary of €11.45 an hour in his Department and the bodies under his aegis. [22781/15]

Written Answers — Department of Jobs, Enterprise and Innovation: Public Sector Staff Remuneration (11 Jun 2015)

Peadar Tóibín: 99. To ask the Minister for Jobs, Enterprise and Innovation the annual cost of introducing a living wage or minimal-threshold gross salary of €11.45 an hour in his Department and the bodies under his aegis. [23492/15]

Written Answers — Department of Health: Public Sector Staff Remuneration (11 Jun 2015)

Peadar Tóibín: 184. To ask the Minister for Health the annual cost of introducing a living wage or minimal-threshold gross salary of €11.45 an hour in his Department and the bodies under his aegis. [23491/15]

Written Answers — Department of Foreign Affairs and Trade: Public Sector Staff Remuneration (11 Jun 2015)

Peadar Tóibín: 186. To ask the Minister for Foreign Affairs and Trade the annual cost of introducing a living wage or minimal-threshold gross salary of €11.45 an hour in his Department and the bodies under his aegis. [23490/15]

Written Answers — Department of Communications, Energy and Natural Resources: Public Sector Staff Remuneration (11 Jun 2015)

Peadar Tóibín: 228. To ask the Minister for Communications, Energy and Natural Resources the annual cost of introducing a living wage or minimal-threshold gross salary of €11.45 an hour in his Department and the bodies under his aegis. [23489/15]

Written Answers — Department of Arts, Heritage and the Gaeltacht: Public Sector Staff Remuneration (11 Jun 2015)

Peadar Tóibín: 237. To ask the Minister for Arts, Heritage and the Gaeltacht the annual cost of introducing a living wage or minimal-threshold gross salary of €11.45 an hour in her Department and the bodies under her aegis. [23488/15]

Central Bank (Mortgage Interest Rates) Bill 2015: Second Stage [Private Members] (10 Jun 2015)

Peadar Tóibín: Tá an Rialtas seo ag teacht chun deiridh, agus deireadh fiáin atá ann. Tá sé ag titim ó ghéarchéim go géarchéim. An fáth go bhfuil sé faoi bhrú ná nach bhfuil sé ag tabhairt airde ar chor ar bith do mhuintir na tíre. Tá teip uafásach déanta mar gheall ar fhiachas na daoine agus fiachas...

Industrial Relations (Amendment) Bill 2015: Second Stage (10 Jun 2015)

Peadar Tóibín: Tógfaidh mé 15 nóiméad nó a leithéid. Cúpla seachtain ó shin ag an gCoiste um Poist, Fiontar agus Nuálaíocht luaigh ionadaithe ón Construction Industry Federation, CIF, cúpla achrann mór a bhí ag titim amach san earnáil construction. Dúirt siad go raibh siad ag titim amach ag an móimint sin de bharr easpa...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Peadar Tóibín: Tá brón orm go raibh mé déanach agus gur chaill mé an chéad chuid den chur i láthair. I would like to highlight a couple of things. All of the Irish banks are being supervised. Obviously, all of the authorised Irish banks are involved in this fund. Is that right?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Peadar Tóibín: Is it not the case that at one stage, the Germans had difficulty with all of their banks being supervised?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Single Resolution Fund Bill: Discussion (10 Jun 2015)

Peadar Tóibín: Okay, but there is a kind of tiering of direct authority with regard to supervision.

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