Will the upcoming budget drive inflation and increase costs for Irish households?

Irish-Fiscal-Advisory-Council News

Will the upcoming budget drive inflation and increase costs for Irish households?
Budget, Government, Cost-Of-Living

Inside Business podcast with Ciarán Hancock

Ifac has warned that the Government’s budgetary plan would increase reliance on corporation tax receipts, which it considers risky. Photograph: Dara Mac Dónaill / The Irish TimesThe Irish Fiscal Advisory Council have made their pre-budget submission.

They feel the Government’s proposed budgetary package will drive inflation and increase costs for households and firms. The council also warned that current plans would increase reliance on corporation tax receipts, which it considers risky. It also feels more of the corporation tax windfall should be put into the State’s rainy-day funds. For more on this, host Cliff Taylor is joined in studio by Niall Conroy, Ifac’s acting chief economist.

Plus, Irish Times Economics Correspondent Eoin Burke-Kennedy on the key takeaways from the latest Daft.ie report which shows Dublin rental availability falling by 18% year-on-year to fewer than 1,150 homes. Moving to Ireland? The financial realities Americans need to consider But the spike in market rents in the first quarter of this year after the introduction of new rental rules seems to have eased considerably.

The report shows what rent inflation like outside Dublin, and how finding accommodation is becoming extremely difficult for third level students. Listen to our Inside Politics podcast recorded live at Electric PicnicInside Business Podcast Has the Government’s strategy to keep fuel costs down proved to be ‘knee-jerk’ and difficult to reverse? Listen to Has the Government’s strategy to keep fuel costs down proved to be ‘knee-jerk’ and difficult to reverse?

‘Your father’s playing golf in Doonbeg,’ Hennessy goes. ‘While the cat’s away, the mice will fornicate’ Listen to ‘Your father’s playing golf in Doonbeg,’ Hennessy goes. ‘While the cat’s away, the mice will fornicate’Has the Government’s strategy to keep fuel costs down proved to be ‘knee-jerk’ and difficult to reverse? Listen to Has the Government’s strategy to keep fuel costs down proved to be ‘knee-jerk’ and difficult to reverse?

How many new homes does Ireland really need? Are middle earners getting gouged by the tax system here? Holly Cairns repays €8,500 in expenses mistakenly paid by Oireachtas during maternity leaveGP and elderly mother awarded €12,000 over Dundrum clinic receptionist’s ‘disrespectful’ conductRyanair cuts winter capacity as unhedged jet fuel costs bite

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