David Murphy

Economics and Public Affairs Editor

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'Poor budgeting' - Govt spending rising faster than hoped

The Irish Fiscal Advisory Council has warned that Government spending was rising much faster than planned.

Ireland • 10 Jun 25

Why the Government has little choice on rent cap reform

The Government has little choice about reforming the existing rent caps if it wants to attract badly needed investment back to the market to increase the supply of new homes, but the challenge is that it is very hard to relax them without consequences for tenants, writes David Murphy.

Analysis and Comment • 09 Jun 25

Latest GDP figures hint at return of Leprechaun Economics

One way or another, the activity of multinationals is distorting Ireland's economic figures, writes David Murphy.

Analysis and Comment • 06 Jun 25

Tax take to end of May up 3.6% on same time last year

Taxes collected by the State rose by 3.6% in the first five months of the year to €36.4bn, according to latest Exchequer Returns from the Department of Finance.

Business • 05 Jun 25

Economic growth rises by 9.7% in first quarter of 2025

Economic growth including the contribution from multinationals or Gross Domestic Product soared by 9.7% in the first three months of this year as exports to the US ramped up ahead of tariffs being imposed by the Trump administration.

Business • 06 Jun 25

ECB cuts interest rates for eighth time in a year

The ECB has cut interest rates for the eighth time in a year by one-quarter of a percentage point, which brings its rate down from 2.25% to 2%

Business • 05 Jun 25

While the Government has targeted 41,000 new homes this year, the ESRI says the number will be closer to 34,000

3 crucial issues facing the Government on housing

In a week when the minister responsible for housing admitted that meeting the Government's own target for the delivery of new housing this year would be "extremely challenging", RTÉ's Economics and Public Affairs Editor David Murphy examines three key issues that must be addressed.

Analysis and Comment • 03 Jun 25

The EU has yet to implement retaliatory tariffs on the US while negotiations continue on a possible trade deal (Stock image)

IDA consults pharma firms on EU retaliatory tariffs on US

IDA Ireland circulated the EU's draft list of retaliatory measures to US tariffs to Irish-based pharmaceutical companies for their comments as part of the Government's response to the European Commission on the proposals.

Business • 28 May 25

Average weekly earnings surpass €1,000 for first time

Average weekly earnings surpassed €1,000 in the first three months of this year, according to new figures from the Central Statistics Office.

Business • 27 May 25

The legal action was originally taken by the Comcast consortium following the award of the second mobile phone licence to Denis O'Brien's Esat Digifone in 1996

Ganley to continue mobile phone licence legal action

Entrepreneur Declan Ganley has said that he is to continue legal action against the State, Denis O'Brien and Michael Lowry after US group Comcast told the High Court that it was withdrawing.

Business • 27 May 25