Results 1-20 of 66 for pearse doherty speaker:Michael McGrath

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance (No. 2) Bill 2023: Committee Stage (Resumed) (8 Nov 2023)

Michael McGrath: I understand that the other amendments in this group are not being moved. Is that correct? It is just amendment No. 27 in the name of Deputy Pearse Doherty. While I acknowledge that carbon tax has an impact on the price of certain products, it is important to point to hypothecation. On budget day, the Department of Public Expenditure, National Development Plan Delivery and Reform set out...

Consumer Insurance Contracts Bill 2017: From the Seanad (18 Dec 2019)

Michael McGrath: I want to take this opportunity to commend Deputy Pearse Doherty and his team on the passing of this legislation. It has had a long journey since it was introduced in 2017. It was delayed for a long period of time. This important legislation will modernise the law in the area of insurance contracts. Up to now, the law has been very much stacked against the consumer. I acknowledge the...

Consumer Insurance Contracts Bill 2017: Report and Final Stages (13 Nov 2019)

Michael McGrath: ...must be paid. This is more about timing. I have seen individual cases where excuses were used and the full amount was not paid out. In some cases, it was never paid out. That is not good enough. I hope the Minister of State and Deputy Pearse Doherty will see fit to support this amendment.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)

Michael McGrath: ...for us, on behalf of the people we represent, to hold the insurance companies to account, tease out issues and get some answers. I will start by continuing with the issue raised by Deputy Pearse Doherty regarding differential pricing, as it has been described. How does it work in practice? What is it?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)

Michael McGrath: Deputy Pearse Doherty spent much of his time on fraud. I will not go into it in any great detail. Mr. Farrell referred to 500 cases being referred to the Garda over the past four years.

Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Insurance Costs (26 Sep 2019)

Michael McGrath: The fact that both Deputy Pearse Doherty and I have selected this issue for priority questions is a measure of how serious is the situation. The Minister of State has put great store on the judicial council legislation and the new award levels coming into effect, and he can say it is a matter for the Judiciary and so on, but that does not cut much mustard for those who are directly affected...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (9 Jul 2019)

Michael McGrath: If I could respond to that, to be fair, I remember when the draft report was circulated on Thursday at the meeting and Deputy Pearse Doherty gave some initial feedback about what was missing. He made some fair points. I tried to tease out how those would be added in. It seemed to me that there would be an addendum and that we could start preparing amendments to the first draft of the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (9 Jul 2019)

Michael McGrath: I reject out of hand what Deputy Pearse Doherty has said. The aim of the process we are involved in here is to assess the evidence we heard and come to a view on it. The Bill passed Second Stage, and anyone can read the speeches I and others made on that occasion. The purpose of a scrutiny phase is for people to listen carefully to the evidence and test it. We are getting into discussion...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (9 Jul 2019)

Michael McGrath: ...nothing today, then nothing will happen. No assessment will be done. We will come back in the autumn and will still be looking for an independent assessment to be done. The best way for Deputy Pearse Doherty to advance his Bill is for him and the committee to agree today to have an independent impact assessment done on the Bill, so that over the course of the summer recess, that work...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (9 Jul 2019)

Michael McGrath: .... To be fair, the Chairman is upholding the rights of members in that respect. We have that right and no report can be agreed until those amendments have been adjudicated upon. To answer Deputy Pearse Doherty's point, if an independent impact assessment concludes that his Bill will have a negative impact on interest rates, mortgage lending or the availability of credit for small and...

Committee on Budgetary Oversight: Summer Economic Statement: Minister for Finance (3 Jul 2019)

Michael McGrath: I will ask one more question. The Minister had a back-and-forth with Deputy Pearse Doherty in the Dáil recently about Christmas bonuses. The Minister kept stating that they are included in the base. He was adamant about the matter and gave the impression that they have been budgeted for. My understanding is that they are only in the base to the extent that they are in the outturn...

Vulture Funds: Motion [Private Members] (28 May 2019)

Michael McGrath: ...the legislation that they are obliged to honour. On 18 April, representatives from FLAC and Mr. David Hall from the Irish Mortgage Holders Organisation appeared before our committee to discuss Deputy Pearse Doherty's Private Members' Bill, which has been discussed in the House. In the context of the sale of loans to so-called vulture funds and the impact of that on borrowers, they raised...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Bank of Ireland (4 Apr 2019)

Michael McGrath: This committee has started the scrutiny phase of Deputy Pearse Doherty's Private Members' Bill, the No Consent, No Sale Bill 2019. We invited submissions and received them from Banking and Payments Federation Ireland, BPFI, and others in the industry, as well as from debtor advocacy groups that are in favour of the legislation, which seeks to provide that prior to the sale of a mortgage to a...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Bank of Ireland (4 Apr 2019)

Michael McGrath: ...encourage the bank not to take a legalistic approach when examining this issue. I have read the documentation and will submit questions about it which, I imagine, will be the same questions Deputy Pearse Doherty will have. When the bank reads the documentation, if it is genuine in its efforts to make the bank customer focused, it will recognise that those customers, some of whom are...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019)

Michael McGrath: ...so this is our opportunity to tease that out. The Central Bank, in its detailed submission, also raised issues on that front. I brought a Bill through the system relatively recently and Deputy Pearse Doherty has also brought legislation through the system. My experience is that, to get a Bill all the way through the system, enacted and into law, requires a lot of technical support,...

No Consent, No Sale Bill 2019: Second Stage [Private Members] (29 Jan 2019)

Michael McGrath: I am sharing my time with Deputy McGuinness and we will have ten minutes each. I would like to express my personal condolences to Deputy Pearse Doherty, the Leas-Cheann Comhairle, the other Oireachtas Members from Donegal, their constituents and, above all else, the families of the four young men who tragically died in the road accident at the weekend. It was a devastating event and it...

Consumer Credit (Amendment) Bill 2018: Second Stage [Private Members] (12 Dec 2018)

Michael McGrath: I thank Deputy Pearse Doherty and Sinn Féin for bringing forward this legislation and for highlighting once again this issue, which is to the fore as we come up to Christmas. As has been said, however, licensed moneylenders and the services they offer are used throughout the year. We need to do far better in this area. The Minister of State needs to accelerate the reforms and all of...

Finance Bill 2018: Report Stage (Resumed) (22 Nov 2018)

Michael McGrath: ...Even if they could service a mortgage, they cannot save a deposit to buy a home given that they are paying rent of between €1,500 and €2,000 or more, as Deputy Boyd Barrett said. As Deputy Pearse Doherty acknowledged, this measure will only have a benefit if a rent cap is imposed. I ask the Minister to address that point, whether the Government has stretched the...

Finance Bill 2018: Report Stage (Resumed) (22 Nov 2018)

Michael McGrath: ...discussion on this issue on Committee Stage. It is widely acknowledged that the change will have a significant and detrimental impact on independent bookmakers, in particular. I support Deputy Pearse Doherty's point about the wider context, which is why we have been calling consistently for progress on the Gambling Control Bill 2018 to deal with problem gambling. The industry needs to...

Finance Bill 2018: Report Stage (Resumed) (21 Nov 2018)

Michael McGrath: ...could be offset by the capital allowances on this intellectual property. It was 80%, it was removed, and a staggering volume of onshoring took place during that window that Deputies Boyd Barrett and Pearse Doherty referred to. Now the cap has been reinstated. The Minister had made the point previously that this is a timing issue and, all other things being equal, it is just a timing...