Blog Posts by David Murphy

← Older posts Newer posts →

Spotlight turns to SME debt

Posted on by David Murphy

By Business Editor David Murphy Whether he is right or wrong, UCD economist Morgan Kelly always has the ability to put the fear of God into the Irish authorities. When he predicts a financial maelstrom, it is always worth taking … Continue reading

Low inflation may complicate Budget maths

Posted on by David Murphy

Business Editor David Murphy There is growing sense that the recovery is taking hold – and it is easy to forget that Ireland has pencilled in another austerity Budget for October. That is due to take a substantial €2 billion … Continue reading

Borrowers cut adrift in great mortgage sell-off

Posted on by David Murphy

By Business Editor David Murphy The escalating row about the State’s sale of 13,000 IBRC mortgages is far bigger than it seems at first glance. Evidence suggests the Government has left these borrowers unfairly exposed. Also, the Minister for Finance’s … Continue reading

Irish Nationwide mortgage holders not getting a fair deal

Posted on by David Murphy

by Business Editor David Murphy Is the State being unfair on Irish Nationwide mortgage holders? Here is why that might be the case: Irish Nationwide was merged with Anglo Irish Bank to become IBRC. Now the Government is liquidating IBRC … Continue reading

Fallout from high risk mortgage lending continues

Posted on by David Murphy

By David Murphy, Business Editor It is remarkable how much damage sub-prime lenders did in their short burst of lending during the boom. These lenders typically offered loans to people who had difficulty getting mortgages with traditional banks or building … Continue reading

The Good, the Bad and the PTSB

Posted on by David Murphy

By Business Editor David Murphy Imagine meeting your bank manager to discuss your financial situation. You have a performing owner-occupier mortgage and a buy-to-let loan which is in arrears. Despite your financial problems you are upbeat about your situation. You … Continue reading

The price of using gold as a safe haven

Posted on by David Murphy

By Business Editor David Murphy During the acute phase of Ireland’s financial crisis many people wondered if it was possible that the country would leave the euro. It would be an exaggeration to say the financial problems are now fixed … Continue reading

Despite bailout exit, Ireland still not out of the woods

Posted on by David Murphy

By Business Editor David Murphy Ordinary Irish people won’t notice the slightest difference between life before and after the bailout. Banking problems persist, unemployment is still high and the economy is sluggish. Conditions are improving. But it is far too … Continue reading

Europe’s plan to fix troubled banks is far from flawless

Posted on by David Murphy

By Business Editor David Murphy The Irish taxpayer has already paid vast sums to fix the banks – so it can be easy to be cynical about Europe’s plans to deal with the next banking crisis, whenever that might occur. … Continue reading

What’s negative about rising property prices?

Posted on by David Murphy

By Business Editor David Murphy The surge in Dublin property prices is making some people feel uncomfortable. They fear it could lead to cheerleading about the market. After all, it was that glorification of unsustainable prices which partly caused Ireland’s … Continue reading

← Older posts Newer posts →