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€10m paid out so far under €125m mortgage interest relief scheme

Mar 28, 2024

Just €10m has so far been paid out in mortgage interest relief under the Government scheme announced in the budget, despite €125m being allocated for it. 12,107 PAYE taxpayers have…

Cabinet approves Bill to introduce pension auto-enrolment

Mar 28, 2024

Draft legislation designed to set up the new pension auto-enrolment system has been approved by the Cabinet. If enacted, the Automatic Enrolment Retirement Savings System Bill will result in up…

Price increases in store for consumers from Monday

Mar 28, 2024

Inflation in Ireland has fallen significantly in recent months, but a number of cost increases will weigh on consumers from next Monday. From midnight on 1 April, the cost of…

Bill to introduce pension auto-enrolment scheme to go before Cabinet for approval

Mar 27, 2024

The Minister for Social Protection will seek Cabinet approval today for draft legislation designed to set up the new pension auto-enrolment system. If enacted, the Automatic Enrolment Retirement Savings System…

Record levels of first-time mortgages approved in Feb

Mar 27, 2024

Mortgage approvals for first-time buyers hit a record annualised high in February. Figures from Banking and Payments Federation of Ireland (BPFI) show that in the year to the end of…

ESRI forecasts return to growth in household incomes this year as inflation falls

Mar 27, 2024

The ESRI has upgraded its outlook for economic growth this year, amid falling inflation, an expected normalisation of exports and moderate expansion of the domestic economy. In its Quarterly Economic…

Credit unions main lender for personal loans – research

Mar 26, 2024

Overall non-performing consumer loans at banks and credit unions remain near recent historical lows, despite a slight increase observed in new early arrears cases. That is according to a new…

ECB confident wage growth slowdown on track – Lane

Mar 26, 2024

The European Central Bank is increasingly confident that wage growth is slowing back toward more normal levels, potentially opening the door to rate cuts, ECB chief economist Philip Lane said…

Consumer sentiment falls in March amid ongoing caution

Mar 26, 2024

Consumer sentiment dropped again this month, new research has found, amid ongoing caution and concern. The Credit Union Consumer Sentiment Index found rising living costs and another increase in fuel…

Wholesale electricity prices down almost 47% in past year

Mar 25, 2024

There was a decrease in the price of wholesale electricity in February 2024 with prices 15.3% lower than the previous month. The price of electricity was 46.8% lower than in…


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