Results 1,601-1,620 of 4,928 for speaker:Peter Mathews

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)

Peter Mathews: We talk about the value of property. I think Professor Honohan would agree that it is the capitalisation of the yield. In other words, if one has a semi-detached house, it yields €2,000 rental per month. That is €24,000 per year. At a 7% yield, that is a value of €360,000. Let us do a quick check. What is the average income of a family if such a house was to be...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)

Peter Mathews: I thank the Vice Chairman for noticing me. I thank Professor Honohan for attending. I am not formally a member of the committee any more for reasons which have nothing to do with finance or financial analysis but involve party Whips and how they are applied in the country. Professor Honohan will recall that in the summer of 2009, the late Mr. Brian Lenihan, who was then Minister for...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)

Peter Mathews: Was it €6.5 billion or €6.7 billion?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland (30 Apr 2014)

Peter Mathews: It was €6.5 billion followed by €2.5 billion.

White Paper on Universal Health Insurance: Statements (Resumed) (17 Apr 2014)

Peter Mathews: I thank the Minister for attending the debate. I acknowledge the contributions to date of my parliamentary peers on both sides of the House. The objective here is to mend a system and create a new stage or platform for caring for the people of Ireland, of all ages and genders and regardless of background, wealth or lack of it. Even the title of the concept in the programme for Government,...

White Paper on Universal Health Insurance: Statements (Resumed) (17 Apr 2014)

Peter Mathews: The doctors are telling him that. It is worth listening to them. Most of them are in the job for vocational motivations. There are some who might think of lifestyle and so forth, but that is human nature and there are people who are tempted by other things rather than the essence or meaningfulness of their work. However, most doctors have that vocational motivation.

White Paper on Universal Health Insurance: Statements (Resumed) (17 Apr 2014)

Peter Mathews: These things are important. I would be wary of the insurance industry having that purchasing power over the medical services. They are vocational medical services. Insurers are not the people who should do that. It is difficult to arrange but, generally, people are prepared to pay directly for the people who provide their health services. If the Government wishes to introduce the...

White Paper on Universal Health Insurance: Statements (Resumed) (17 Apr 2014)

Peter Mathews: Hear, hear.

Competition and Consumer Protection Bill 2014: Second Stage (Resumed) (16 Apr 2014)

Peter Mathews: Some items could have been dealt with separately.

Competition and Consumer Protection Bill 2014: Second Stage (Resumed) (16 Apr 2014)

Peter Mathews: I thank Deputy Naughten for giving me some of his time at short notice. The Bill is an omnibus Bill. Rather than going into the anatomy of the Bill, I will look at the overview. There are more than 70 new Members of this 31st Dáil. This is territory that the experienced and longer serving Deputies will have been familiarised with over the years. It is an omnibus Bill that addresses...

Order of Business (16 Apr 2014)

Peter Mathews: In the context of the delivery of medical and nursing services and the pending legislation on universal health insurance, it is alarming that young GPs and trainee nurses are under such pressure at present.

Order of Business (16 Apr 2014)

Peter Mathews: This morning the case of a trainee nurse who worked ten weeks without a day off was referred to on radio.

Order of Business (16 Apr 2014)

Peter Mathews: It is relevant to the health and well-being of people in this country.

Order of Business (16 Apr 2014)

Peter Mathews: Crisis point has been reached in respect of the pay of and hours worked by young trainee nurses.

Order of Business (16 Apr 2014)

Peter Mathews: What was described on radio earlier is prevalent throughout the system. These people are double-jobbing and, as a result of tiredness, they are sometimes not in a position to notice if patients' health is deteriorating.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Irish Stability Programme Update: Minister for Finance (15 Apr 2014)

Peter Mathews: I apologise for my late arrival and I thank the Minister for his forbearance and patience in staying. He referred to broadening the tax base. Will he agree that at this stage the public believe there are a great number of stealth taxes in the form of cost of living increases, increases in the cost of gas and other utilities, water charges to come, property tax, VHI and other medical...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Irish Stability Programme Update: Minister for Finance (15 Apr 2014)

Peter Mathews: The evidence is not there to show that builders were the cause of the problem of the huge credit-fuelled boom and bust because, in fact, it was the banks. I handed the Minister a paper the other day - I apologise for the manner in which I did it - which explains it as a matter of fact and balance sheets.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Irish Stability Programme Update: Minister for Finance (15 Apr 2014)

Peter Mathews: No. By definition, the Minister said-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Irish Stability Programme Update: Minister for Finance (15 Apr 2014)

Peter Mathews: I want to check this but the Minister just said that there are not sufficient units being built, that they are not in the market and that is the reason rents are rising. If that is the case, builders could not have caused the bust; it was a credit-fuelled price bust, an asset price bust. That is where the banking inquiry should start.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Irish Stability Programme Update: Minister for Finance (15 Apr 2014)

Peter Mathews: The Minister mentioned that at the moment there are some transactions that are showing price rises in the property market around Dublin in particular. There is a golden rule that a house has an economic value of the inverse of the yield. In other words, if an investor buys the rent at a 7% yield, the house is worth 15 times the rent. That is a stabilising force and the key stabilising...