Seanad debates

Tuesday, 26 May 2015

2:30 pm

Photo of Ivana BacikIvana Bacik (Independent) | Oireachtas source

I accept Senator Quinn's amendment. He also asked for the Minister for Finance to come before the House to discuss variable mortgage rates. I will look for that debate. Last week the Minister held a series of meetings with Ireland's six main mortgage lenders, focusing on the high standard variable rates being charged by the banks. That is a matter that is under ongoing review.

Senator Noone referred to the gift voucher proposal from the Minister, Deputy Bruton. Like the Senator, I welcome it. She may know that in the previous Seanad, my colleague, the then Senator Brendan Ryan introduced a Private Member's Bill on the issue. It is long overdue, as a matter of consumer rights. We will see if the Bill can be introduced in the Seanad because we have had a debate on the issue.

Senator Craughwell referred to the referendum on the age of presidential candidates. It is very regrettable it was defeated. He also asked for more time for statements on the national drugs strategy. The Customs Bill is being given ample time and is to adjourn not later than 7 p.m. People have plenty of time to speak on the Bill. Statements on the national drugs strategy finish at 8.30 p.m., but I will ask the Minister of State to return to the House on another occasion to continue the debate if more people wish to speak.

Senator Brennan asked Senator Norris to run for the Presidency again.

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