Results 1-20 of 50 for 5 million speaker:Mick Wallace

Post-European Council Meetings: Statements (17 Apr 2019)

Mick Wallace: ...in the Middle East has, from the beginning, been strongly linked to the pursuit of oil and the control of the price of it. There have been terrible atrocities in Yemen, especially since 2015 although trouble began when, in 2011, the Yemeni people said no to their leadership because they did not like the neoliberal policies that President Ali Abdullah Saleh was trying to implement on...

General Practitioner Contractual Reform: Statements (16 Apr 2019)

Mick Wallace: ...most developed countries receives 10%. This disparity needs to be addressed in Ireland. Research has repeatedly shown that if one spends €1 on investment in general practice, one will save €5 at hospital level. Seven hundred GPs are due to retire in the next five years in Ireland. Some 70% of GP practices outside of Dublin are closed to new patients. Where are these...

Joint Oireachtas Committee on Housing, Planning and Local Government: Urban Regeneration and Housing (Amendment) Bill 2018: Discussion (28 Mar 2019)

Mick Wallace: ...Mr. Reynolds for agreeing to act as stakeholders and I look forward to their presentations. I also thank Mr. Oonan, who wrote the Bill. The Bill amends the Urban Regeneration and Housing Act 2015, which I will hereafter refer to as the 2015 Act, which introduced the concepts of the vacant site levy and vacant site register to deal with the problem of land hoarding. At the time, the...

Post-European Council Meetings: Statements (27 Mar 2019)

Mick Wallace: ...had cut their number of hungry people by half in the preceding 12 years. We could not blame them for that. The FAO said that Venezuela reduced the number of people suffering from malnutrition from 13.5% of the population in 1990 to 1992 to less than 5% by 2012. Some 19% of the children in Dublin are at risk of poverty. Similarly, the United Nations Economic and Social Council published...

Nurses and Midwives Industrial Action: Statements (7 Feb 2019)

Mick Wallace: A couple of years ago in Dublin, four builders were asked to price a job. The tenders had to be submitted by 5 p.m. on a Friday. A week beforehand, one of the builders rang the other three and proposed a meeting. They were aware of the identities of the other tenderers. At the meeting, a deal was proposed whereby they would meet five hours before the tenders were due to be submitted and...

Juvenile Crime: Motion [Private Members] (30 Jan 2019)

Mick Wallace: ...any programme that is an alternative to prison and the youth diversion programme is an excellent example of this but, unfortunately, like many progressive programmes, it is underfunded. Some €14 million was allocated in 2018 but more is obviously needed. The programme allows young people suspected of a crime, who then accept responsibility for it, to get off with a police...

Climate Change: Statements (6 Dec 2018)

Mick Wallace: ...increased by 22% between 2012 and 2016, emissions had increased by only 8%. In reality, total agricultural emissions were up by 8% in this period and dairy emissions were up by 24%. It means the millions we spend on efficiency and research in the dairy sector have produced no improvements since 2009. Beef and dairy are the most polluting and water intensive protein sources on the...

Finance Bill 2017: Report Stage (Resumed) (22 Nov 2017)

Mick Wallace: ...different tax regime from individual landlords. They are not subject to any tax on their rental incomes nor are they subject to tax on their gains. To achieve those gains, REITs must distribute 85% of all property income profits annually to shareholders. The manner in which REITs were set up in the first place is worthy of research given that Bill Nowlan of WK Nowlan, the father of Kevin...

Heritage Bill 2016 [Seanad]: Second Stage (Resumed) (9 Nov 2017)

Mick Wallace: ...and was once a common enough sight on telephone wires in rural Wexford. One would do very well to spot one these days in Wexford or anywhere else in the country. According to BirdWatch Ireland, 5% of yellowhammer nests are still active at the end of August. Active means the nests still contain unfledged young. The changes proposed in the Bill will contribute to increasing the already...

Financial Resolutions 2018 - Budget Statement 2018 (10 Oct 2017)

Mick Wallace: ...the 442 apartments of the development to I-RES REIT. They worked out at about €100,000 each, whereas the average new house in Dublin today costs €460,000. The full price of the sale was €83 million. There was €40 million worth of commercial property and €42 million worth of residential property in the sale. What are these fellas doing with it? They...

Commission of Investigation (National Asset Management Agency) Order 2017: Motion (23 May 2017)

Mick Wallace: ... (c) set out such recommendations as the Commission sees fit. 4. The Commission shall report on any other matters of concern arising from its investigation of the above matters and make any further recommendations as the Commission sees fit. 5. The Commission shall exercise discretion in relation to the scope and intensity of the investigation as it considers necessary and appropriate,...

Finance Bill 2016: Second Stage (Resumed) (27 Oct 2016)

Mick Wallace: ...last week, it was announced that a withholding tax of 20% will apply from next year on certain property distributions from Irish funds to non-resident investors. Investment funds with at least 25% of their assets made up of Irish commercial property will be subject to this tax, but the levy will not apply to pension funds, life assurance companies and other collective investment vehicles...

Financial Resolutions 2017 - Financial Resolution No. 2: General (Resumed) (12 Oct 2016)

Mick Wallace: ...level of influence of vulture funds and REITs in this country has gone off the Richter scale. If people are wondering why a two-bedroom apartment in a working-class area of this city can cost up to €1,500, there is a very good reason for it. These people have a monopoly and we have not addressed the problem. The tax benefits and exemptions they were afforded are questionable from...

Criminal Law (Sexual Offences) Bill 2015: Second Stage (5 Oct 2016)

Mick Wallace: .... Thankfully, this abhorrent crime is already illegal under the Criminal Law (Human Trafficking) Act 2008. The purchase of sex from a person who has been trafficked is also illegal under section 5 of that Act. I ask those who are making the case for this legislation to stop using these excuses. Last year's use of emotive images of children by the Turn Off the Red Light campaign was...

Leaders' Questions (13 Jul 2016)

Mick Wallace: .... I can understand why he does not want to know. As a matter of interest, how come no one can ever answer the question as to why NAMA never reported the fact this individual was in line for a €5 million backhander? Why, under section 19 of the Criminal Justice Act, did it not report it? Why did the Minister for Finance not report it?

Leaders' Questions (13 Jul 2016)

Mick Wallace: ..., NAMA, complaining to the Standards in Public Office Commission, SIPO, in March 2016 about Frank Cushnahan, given that it knew in March 2014 that this gentleman was in line for a backhander of £5 million?

National Asset Management Agency: Motion [Private Members] (29 Jun 2016)

Mick Wallace: ...for £1.241 billion was, at the time, the largest ever property deal to take place on the island of Ireland. It was also the first time that NAMA packaged up a loan book to sell in its entirety - 850 loans to be precise. Project Eagle is now under investigation in two different jurisdictions. The Securities and Exchange Commission in America is investigating it and so is the...

Mental Health Services: Statements (Resumed) (31 May 2016)

Mick Wallace: ...to Waterford. People in Wexford are ending their lives because the Government has made the reckless and absurd decision that the best time to provide emergency mental health services is from 9 a.m. to 5 p.m. from Monday to Friday. The logic of that decision does not bear thinking about when we think about the times people are likely to come under pressure. I was also struck at the...

Social Welfare and Pensions Bill 2015: Report Stage (18 Nov 2015)

Mick Wallace: I move amendment No. 5:In page 9, between lines 28 and 29, to insert the following: “(2) The sum of the difference between €135 and €140 will only be paid to those already in receipt of social assistance and/or social insurance payment.”. I speak on behalf of Deputy Thomas Pringle who wants to introduce this amendment. His idea is to try to target the increase at...

Leaders' Questions (20 Oct 2015)

Mick Wallace: ...Yesterday, I asked An Garda Síochána to investigate, under section 19 of the Criminal Justice Act, why NAMA did not report the discovery that US investment fund PIMCO had been requested to pay £5 million to a former member of the NAMA Northern Ireland Advisory Committee, Mr. Frank Cushnahan. Despite this, NAMA told the Committee of Public Accounts on 9 July that if PIMCO...