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  • David Murphy

    Economics and Public Affairs Editor

    Follow@davidmurphyRTE

    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
    Indian nationals had the highest median weekly earnings in 2023 as they earned €883.74

    Irish nationals' 2023 earnings more than non-nationals

    Irish nationals earned a median income of €728 weekly last year compared to non-nationals who earned €641, new figures from the Central Statistics Office show.

    Business • 06 Dec 24
    GDP, which is still the measure used to calculate Ireland's share of activity across the euro zone, grew 3.5% in the third quarter from the previous three months

    Domestic economy grows 3.1% in first nine months of 2024

    The domestic economy expanded by 3.1% in the first nine months of this year, according to the latest figures from the Central Statistics Office.

    Business • 05 Dec 24
    A station measuring methane and CO2 emissions from peatland in Co Mayo

    State 'facing €20bn fine' if it fails to reduce emissions

    The State could face a cost of €20bn if it fails to achieve reductions in carbon emissions in 2030, according to an assessment by the watchdog which advises on the public finances.

    Climate Change • 05 Dec 24
    Housing is high on the agenda for voters

    How do parties differ on solving the housing crisis?

    With the General Election taking place on Friday, housing has remained high on the agenda for voters.

    Business • 27 Nov 24
    Fine Gael's reduction in taxation would cost the Exchequer €7bn, Sinn Féin's €6.4bn and Fianna Fáil's €4.5bn over the next five years (file image)

    Are parties taking risks with their election promises?

    Fine Gael, Sinn Féin and Fianna Fáil have set out their stalls, dangling extensive tax cuts to win voters. The big question however is where will the funds come from to pay for the tax cuts?

    Election 24 • 24 Nov 24
    Builders have been encouraged to start work on housing because a waiver on paying a development levy expires at the end of 2024

    Home commencements up 62% in October - Dept of Housing

    Work started on 4,249 homes last month, which represents an increase of 62% on October 2023, according to official figures from the Department of Housing.

    Business • 21 Nov 24
    The median cost of buying a home nationally was €346,000 in September, new CSO figures show

    Residential property prices up by 10% in September - CSO

    Residential property prices are continuing to rise strongly and are up 10% in the 12 months to September, according to the latest figures from the Central Statistics Office.

    Business • 20 Nov 24
    The largest parties have made a series of pledges on tax in their manifestos

    What are the larger parties offering voters on tax?

    Our Economics and Public Affairs Correspondent David Murphy examines the tax plans of the three larger parties and how much the measures would cost the Exchequer.

    Election 24 • 20 Nov 24

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