Seanad debates

Tuesday, 24 October 2017

2:30 pm

Photo of Ray ButlerRay Butler (Fine Gael) | Oireachtas source

I welcome the Minister bringing in the banks on the issue of tracker mortgages. I want to speak about the tourism and hotel industry and about keeping the 9% VAT rate in the budget for 2018. A rise of 1% would result in €70 million per year to the Exchequer. When I met tourism officials three or four years ago, they promised to keep their prices right if the 9% rate was maintained. We need to bring in the tourism and hotel industry officials around the Dublin area.

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