Results 361-380 of 1,057,163 for in 'Dáil debates' OR (speaker:Máiría Cahill OR speaker:Catherine Murphy OR speaker:Gerald Nash OR speaker:Maurice Quinlivan OR speaker:Michael Healy-Rae OR speaker:Paul Murphy OR speaker:Marc MacSharry OR speaker:Violet-Anne Wynne) in 'Committee meetings'

Gnó na Dála - Business of Dáil (18 Sep 2024)

Gnó na Dála - Business of Dáil (18 Sep 2024)

Seán Ó Fearghaíl: I welcome you all back. Apologies that the bells did not ring. Members might indulge me for a moment because I am conscious we are facing into an extremely busy parliamentary schedule with a number of very important items of business over the next number of weeks. Before we begin today's session, however, it would be remiss of me as Ceann Comhairle not to make a few remarks on the issue of...

Gnó na Dála - Business of Dáil (18 Sep 2024)

Mattie McGrath: On your bikes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Catherine Murphy: I will be as brief as I can, if that is okay.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Catherine Murphy: I am not a member of the committee but I thank the Cathaoirleach very much for giving me the opportunity.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Catherine Murphy: I thank the Cathaoirleach. We all knew both the IBRC and NAMA would be wound down at some point. We are talking about the circumstances which allowed that to happen. I always take issue with the term "profit". If the loans were transferred to NAMA at par value, you would be talking about profit, but when talking about loans handed over with a very significant haircut, the word "surplus"...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Catherine Murphy: We are talking about a very small number of records transferring in the context of this legislation. Mr. Carville is telling me that despite the pain felt by the public, they will never actually have an opportunity to get some sort of historical overview of what happened. There would be records there to provide a chronology of that but they will be destroyed. Have the records prior to the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Catherine Murphy: I find it extraordinary, given the pain that people felt, that they are not going to, at any point, be able to see some of the records. I understand that people's names and certain personal details could not be released but I do not understand why even a general range of things or some of the records relating to some of the biggest transactions would not be held for at least a period of time...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Catherine Murphy: Okay. I might pursue that in a different direction. Mr. Carville talked about other jurisdictions and how NAMA was constructed. There were obviously flaws in the legislation in that there were people who may well have been a director. There was certainly a difficulty with the definitions in the legislation. On the face of it, there are people who got back control of their assets. Is...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Catherine Murphy: We all probably hope that something like this will not happen again. However, it is important to make sure we learn some lessons from it in terms of deficiencies. I thank the witnesses.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance (18 Sep 2024)

Catherine Murphy: It would require change in other legislation to stop that from happening, and that would have a bearing on liquidations generally. Is that what Mr. Carville is saying? Could it be specific to particular liquidations?

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Sub-Minimum Rates of the National Minimum Wage: Discussion (Resumed) (18 Sep 2024)

Maurice Quinlivan: I remind people attending remotely that they must do so from within the Leinster House complex. Apologies have been received from Deputy Shanahan and Senators Gavan and Sherlock. Today we will look at detailed scrutiny of the National Minimum Wage (Equal Pay for Young Workers) Bill 2022. On 17 June 2024 the Joint Committee on Enterprise, Trade and Employment received notification that the...

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Sub-Minimum Rates of the National Minimum Wage: Discussion (Resumed) (18 Sep 2024)

Maurice Quinlivan: I thank Mr. Smyth. I now invite members to discuss the issue with the representatives here. We have a rota in place, as members know. We will go by that, and the first person who has indicated is Deputy O'Reilly, who has 14 minutes.

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Sub-Minimum Rates of the National Minimum Wage: Discussion (Resumed) (18 Sep 2024)

Maurice Quinlivan: The Fine Gael slot is 15 minutes.

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Sub-Minimum Rates of the National Minimum Wage: Discussion (Resumed) (18 Sep 2024)

Maurice Quinlivan: The Senator's time is up.

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Sub-Minimum Rates of the National Minimum Wage: Discussion (Resumed) (18 Sep 2024)

Paul Murphy: I thank the witnesses for the statements and the discussion so far. I want to go back over the timeline of the Bill. It was introduced in 2022 and was debated on Second Stage in June 2023. At that stage, the Government moved a timed amendment to, in effect, kick the can down the road for a year. The argument for that was, and I quote the Minister of State, Deputy Neale Richmond: To cut...

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Sub-Minimum Rates of the National Minimum Wage: Discussion (Resumed) (18 Sep 2024)

Paul Murphy: I thank Mr. Smyth. I am not blaming him personally. In terms of his Department, it is a decision for the Minister. There is a Bill before this committee which has passed Second Stage in the Dáil. It is a matter for the Dáil in terms of this Bill. The Government could get rid of the sub-minimum wage rates tomorrow. It should do that in the budget, but we can proceed with this...

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Sub-Minimum Rates of the National Minimum Wage: Discussion (Resumed) (18 Sep 2024)

Paul Murphy: Ms Pyke will accept that the Low Pay Commission looked at previous evidence of early school leaving, hours and all the things she is saying. The Low Pay Commission looked at those things and considered them. She can respond to that. The second question is whether this economic impact assessment will look at the impact of sub-minimum wage rates in exerting downward pressure on the wages of...

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Sub-Minimum Rates of the National Minimum Wage: Discussion (Resumed) (18 Sep 2024)

Paul Murphy: Will it look at wage rates?

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Sub-Minimum Rates of the National Minimum Wage: Discussion (Resumed) (18 Sep 2024)

Paul Murphy: I will say again, and this is not a personal criticism, that I find that the main thing the witnesses are telling us today is to hold off on this because an economic impact assessment is coming. However, they did not bring the terms of reference with them. They are not able to detail them. That is not all that satisfactory for us because they are asking us to hold off on proceeding with...