Seanad debates

Thursday, 5 July 2012

11:00 am

Photo of Caít KeaneCaít Keane (Fine Gael)

Like Senator Norris, I raised the issue of the financial loss suffered by trainee pilots yesterday. We should have a debate on that matter. It turns out that only very rich people can afford to be pilots and families having to take out a loan of €80,000 to €100,000 for their child's training. We have to do something about that.

I want to put a positive note on the record. The market has just closed and €500 million of Irish treasury bills are being auctioned. It is the first time since 2010 that has happened. This is a very positive sign. It is not the bond market but the auction of €500 million of treasury bills. It has been recognised internationally as Ireland doing its work and going in the right direction. I wanted to put that on the record because we regularly get negative news. This is a positive day for Ireland.

The Minister of State at the Department of the Environment, Community and Local Government published a report on unfinished estates yesterday. There are many vested interests in those estates ranging from financial institutions, NAMA, housing agencies, builders and banks to residents who live in them and many local authority residents who may come to live in them. On foot of that report, the Seanad should have an input into what will happen with regard to them. These estates are being categorised and worked through to determine what action will be taken. The resolution would be for them to be made into viable living spaces. As a Seanad, we should discuss that report and I ask the Leader to request the Minister to come to the House for such a debate.

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