Results 201-220 of 1,760 for speaker:Aideen Hayden

Seanad: Social Protection: Statements (Resumed) (18 Oct 2012)

Aideen Hayden: I fully accept that the limits were cut further by this Government and I argued against those cuts last year and will continue to do so.

Seanad: Social Protection: Statements (Resumed) (18 Oct 2012)

Aideen Hayden: However, the real cuts to the rent supplement budget were made by Senator Byrne's party in government. That is the bottom line and there is no point in crying crocodile tears about it now. I congratulate this Government for agreeing to transfer the rent supplement payment to local authorities and I urge the Minister for Social Protection to ensure this is done as soon as possible. Rent...

Seanad: Junior Certificate Reform and the Literacy and Numeracy Strategy: Statements (23 Oct 2012)

Aideen Hayden: I also welcome the Minister to the House. In the main, I agree with many of the comments of many of the previous speakers, particularly those of Senator Barrett. My own experience of teaching has been very limited and was limited to university teaching. However, many of the difficulties one encounters at university level are the same as those one encounters at second level or at primary...

Seanad: Order of Business (24 Oct 2012)

Aideen Hayden: I support the call from the Free Legal Advice Centres, FLAC, for a root-and-branch review of the Department of Social Protection's appeals procedures. According to FLAC's survey, not only are there lengthy delays in appeals against decisions, but a perceived lack of independence. To be fair to the Department, there were 51,000 appeals last year, twice the 2007 figure. Clearly, the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Aideen Hayden: I welcome Mr. Daly, Mr. McDonagh and Mr. Mulcahy back again before the joint committee. We have now met on a number of occasions. As I am sure the delegates are getting tired at this stage, consequently, I will pick on something that might be a little different. In his opening statement I note Mr. McDonagh points out that NAMA does not believe in a "one-size-fits-all panacea for the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Aideen Hayden: This is my last question. What tax changes does NAMA believe to be necessary for REITs to become a viable structure?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Aideen Hayden: More than for the residential sector.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Aideen Hayden: What I am saying is it is more likely to be successful than the residential sector?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Functions of NAMA: Discussion (24 Oct 2012)

Aideen Hayden: I would make one slight correction, that reputational risk was the big issue after Mespil flats. On some of my other questions, who is managing NAMA's 10,000 rental units? Were those 10,000 evaluated as social housing options?

Seanad: Order of Business (25 Oct 2012)

Aideen Hayden: I agree with Senator Harte's comments on the report of the Ombudsman, Ms Emily O'Reilly, into what is nothing short of an appalling treatment of older people in our society. I support his call for a debate with the relevant Minister on this matter. Senators Harte and Brennan ensure that there is unceasing support for County Donegal in the House. Therefore, I must on occasion be moved to...

Seanad: Order of Business (25 Oct 2012)

Aideen Hayden: And Wexford.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)

Aideen Hayden: Page 5 of the IBRC document refers to the bank's dealings with high profile borrowers. It goes on to state that it is willing to discuss in detail its approach to managing both performing and non-performing borrowers, presumably high profile ones, and the multifaceted governance that applies to all decisions in this regard without exception and so forth. It refers to debt restructuring...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)

Aideen Hayden: Impaired loans now account for approximately 66% of the total loan balance. I refer to the section of the document dealing with mortgage debt. According to page 9 of the document, which sets out the profile of residential mortgages, the bank increased its specific provisions for impairment on the owner-occupied section of its loan book from €206 million on 31 December 2011 to...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)

Aideen Hayden: It seems to me the bank's failure to deal with this issue is costing the taxpayer money. I appreciate that the bank did not take on the Irish Nationwide loan book until 2011. I am sure it is still responsible for what happened earlier. Perhaps the person who was dealing with Irish Nationwide will respond on this point. To what extent has the provision for impairment had to be increased...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)

Aideen Hayden: I suppose I am looking for an answer to a specific question. Having examined the balance sheet, my impression is that the bank's failure to deal with impaired domestic owner-occupied debt is costing the taxpayer. The bank has had to make higher provisions for impairment over this period. I was somewhat concerned to hear one of the witnesses say, in response to a question that was asked by...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)

Aideen Hayden: That is a very meaningful answer.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)

Aideen Hayden: I want to be clear on this. As far as the bank is concerned, the longer this goes on, it is not damaging to the bank.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)

Aideen Hayden: Clearly, there is an incredible amount of damage to the individual concerned.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)

Aideen Hayden: On that point-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)

Aideen Hayden: Can I revert to one of my previous questions? Has the bank written down any domestic mortgages to date?