David Murphy

Economics and Public Affairs Editor

A group of international academics have criticised Teagasc for its support of a declaration by scientists advocating for the 'societal role' of meat

Teagasc criticised for advocating 'societal role' of meat

A group of international academics have criticised Ireland's state farm advisory service Teagasc for its support of a declaration by scientists advocating for the "societal role" of meat.

Business • 31 Dec 24

Residential construction has been disappointing this year

5 threats Ireland faces in 2025

Housing, Donald Trump, a new government, climate and an ageing population are five of the big issues facing Ireland in 2025, writes David Murphy

Business • 02 Jan

Residential property prices are 15.2% above their previous peak during the boom in April 2007, the CSO said today

Residential property prices up 9.7% in October - CSO

Property prices are continuing to increase and are up 9.7% in the 12 months to October, according to the latest figures from the Central Statistics Office.

Business • 18 Dec 24

Michael Lohan (right), CEO at IDA Ireland, and Minister for Enterprise Trade & Employment Peter Burke

Number of job projects won by IDA Ireland down on 2023

There has been a fall in the number of job projects secured by IDA Ireland this year compared to 2023, the agency said today.

Business • 17 Dec 24

Donald Trump's plans for tariffs and tax changes when he enters the White House could pose risks to the Irish economy, the Central Bank said

Trump tariff plans a risk to Irish economy - Central Bank

The Central Bank has warned of the risks to the economy from the Trump administration in the United States imposing tariffs and tax changes which would affect US multinationals in Ireland.

Business • 17 Dec 24

The Central Bank introduced rules to prevent borrowers taking on excessively large loans as they did in the last boom

Why it's foolish to ignore property market warnings

This week there was a sharp intake of breath across the nation when the news broke that the property market could be up overvalued by up to 10%.

Business • 14 Dec 24

The memory of the post Celtic Tiger property downturn is still fresh for thousands who struggled through the recession

No indication that house prices will stop rising

Ireland is not as exposed as it was during the last crash, but any warning about property prices being overvalued has to be taken seriously, writes David Murphy.

Analysis and Comment • 12 Dec 24

The ESRI said an increasing number of households are carrying high levels of mortgage debt, which would leave them vulnerable in the event of a rise in unemployment or a fall in wages

House prices overvalued by up to 10%, ESRI warns

Irish property prices are overvalued by 8% to 10%, according to the Economic and Social Research Institute in its latest Quarterly Economic Commentary.

Business • 12 Dec 24

The Approved Housing Bodies Regulatory Authority found there were 'inadequate controls and procedures' in place at the Peter McVerry Trust

McVerry Trust breached regulatory standards - report

The regulator which oversees approved housing bodies has criticised the Peter McVerry Trust for "significant breaches of regulatory standards" in an inspector's report.

Ireland • 10 Dec 24

Davy has predicted that 42,000 homes will be built in 2025, while 50,000 are set to be finished in 2026

Davy estimates 34,000 new homes will be built this year

Stockbrokers Davy says 34,000 new homes will be built in Ireland this year - a marginal increase on 2023 when 32,695 were finished.

Business • 09 Dec 24