Martin Mansergh (Fianna Fail)

In tandem with the nitrates directive, I also welcome enhanced capital allowances for expenditure on farm pollution control. Some of the measures affecting housing are very important. The stamp duty changes for first-time buyers of second-hand houses have long been sought and will be welcomed by many first-time purchasers. The changes in rent relief will also benefit many young people.

We are all very pleased with the budget. It is a real sign of resumed progress and will also underpin further progress.