Planet Rugby Forum

AJ votes labour - the Marx one is far better.

Bingo !

Ah I'd be more symapthetic to Wolfe Tone than Marx.

anonymous_joe wrote:Good luck to them.

We manage to be significantly cheaper than the Brits despite "less" competition here.

http://www.irishtimes.com/news/crime-an ... -1.3141237

you lads basically work for free

New figures from the Central Statistics Office show that the rate of unemployment continued to fall in June.

The CSO said the seasonally adjusted unemployment rate fell to 6.3% in June, down from 6.4% in May and from 8.3% in June 2016.

The jobless rate compares with a current euro zone average of 9.3%.

The seasonally adjusted number of persons unemployed was 139,400 in June, a decrease of 42,100 on the same time last year and the lowest level since June 2008.

Today's figures show that unemployment rate for men stood at 7.1% in June, down from 9.4% the same month last year.

The jobless rate for women was 5.4%, down from 6.9% in June 2016.

But the seasonally adjusted youth unemployment rate edged higher in June to 11.9% from the rate of 11.8% in May.

Unemployment has consistently fallen since hitting a peak of 15.1% in 2012 when the country was in the middle of a three-year international bailout and jobs growth has accelerated further in recent months.

The Finance Department has estimated that the jobless rate would dip below 6% by the end of this year.

Today's figures show that employment rose in 11 of the 14 economic sectors on an annual basis in the first quarter of 2017.

The greatest rates of increase were posted in the information and communication sector which rose by 8.8%, while the construction sector grew by 8.5%.

But some sectors recorded job losses with the biggest annual decline coming in agriculture, forestry and fishing - which fell by 1.5%. The fall may have been Brexit related.

Commenting on today's figures, Merrion economist Alan McQuaid said that after the very positive start to 2017, we are now looking for a net jobs rise of around 60,000 this year.

He said that following these latest numbers, he is forecasting an average jobless rate in 2017 of 6.4% as against 7.9% in 2016 and 9.4% in 2015.



Meanwhile, Davy analyst David McNamara said that Ireland saw its first positive year of net inward migration in 2016.

He said this marginal increase in inward migration was probably underestimated based on new Census data.

"The unemployment rate could well be revised up once the Census revisions are incorporated into the labour market data," he added.

The half yearly Jan to Jun exchequer returns show a surplus for the period of € 2.5 bn, compared with a deficit € 1.1 bn last year, though this is probably partly accounted for by the AIB flotation.

Overall tax take @ € 23.8 bn is 0.5% (€ 110m) behind target with the problem persisting in targeted income tax returns, and increases in Corporation Tax and VAT.

Spending at €21.8 bn is 1.4% below targeted spending, with a notable reduction in the SW spend.

Whilst increased employment isn't showing through on the income tax returns, it certainly is on the VAT take and SW spend.

From the IT :

Government’s tax revenue still off target but shortfall narrows
Half-year exchequer returns buoyed by strong performance of corporation tax

8 minutes ago Updated: 5 minutes ago
Eoin Burke-Kennedy


Half-year exchequer returns show the Government’s tax revenue for the year is still running marginally behind target.
However, the shortfall has narrowed significantly with corporation tax performing better than in previous months.
The latest returns show the Government’s tax take for the six months to June was €23.4 billion, which was 0.5 per cent or €110 million below the department’s target for the period.
Income tax, the State’s largest tax stream, was again below profile at €9.3 billion, which was 2.3 per cent less than the department had forecast.
The department has been at a loss to explain the weaker-than-expected trend in income tax, which is at odds with the current growth in employment.
However, monthly income tax receipts for June, which totalled €1.4 million, were more closely aligned to the department’s target.
The department will be encouraged by the performance of corporation tax, which was marginally ahead of target for the first time this year, coming in at €1.7 billion.
VAT, which reflects consumer spending, generated €6.7 billion for the half-year period, which was 3 per cent or €200 above target. Monthly VAT receipts in June, however, were nearly 40 per cent below profile at €130 million. Excise duty performed better than in previous months but still came in 2.9 per cent below target at €2.86 billion, which was again linked to poor car sales.
The latest figures resulted in an exchequer surplus of €2.5 billion compared with a deficit of €1.1 billion for the same period last year, with the improvement attributed to the recent AIB share sale.
On the spending side, total expenditure was €21.8 billion, which was 1.4 per cent inside target.
The figures show spending on health was just over €7 billion, while social protection spending was €5.4 billion.

those are some seriously bigly good CSO numbers, combined with Leo's genius move telling ministers they can spend all the money they save that's currently being wasted in their departments....on their own departments - Leo should call a snap election, who in their right mind would not just give him the keys to the Dail and let them at it ?

Duff Paddy wrote:It seems that Dublin is not going to get many of the companies in exodus from London post Brexit. The IDA are usually extremely good at attracting foreign business though their record in the financial sector might not be as strong as in other sectors. I was surprised to see that even some anglophone financial companies had passed over on Dublin in favour of mainland Europe. Have the central bank being discouraging these companies from locating here as they know that regulating them would be beyond their capabilities?

The poor value in housing is a huge factor. Pharma is struggling for recruits because nobody wants to pay half their salary to live in a box room in Clondalkin or Blanchardstown.

Onelostbear wrote:

anonymous_joe wrote:Good luck to them.

We manage to be significantly cheaper than the Brits despite "less" competition here.

http://www.irishtimes.com/news/crime-an ... -1.3141237

you lads basically work for free

Not that surprising that people want more cash for a complex case. Not least given the insane fúck ups made by the ODCE et al in the investigation.

Uncle Fester wrote:

Duff Paddy wrote:It seems that Dublin is not going to get many of the companies in exodus from London post Brexit. The IDA are usually extremely good at attracting foreign business though their record in the financial sector might not be as strong as in other sectors. I was surprised to see that even some anglophone financial companies had passed over on Dublin in favour of mainland Europe. Have the central bank being discouraging these companies from locating here as they know that regulating them would be beyond their capabilities?

The poor value in housing is a huge factor. Pharma is struggling for recruits because nobody wants to pay half their salary to live in a box room in Clondalkin or Blanchardstown.

Dublin is way fecking cheaper than London, I'm not buying that argument

I didn't say price. I said value.

We'll get more than our fair share of business fleeing Brexit London. Just not everything.

Always remember the London wide boys will never give paddy the steam off his piss.

It will be US companies that will relocate here, for exactly the same reasons they located to London in the first place, time zone and language.

anyone any thoughts on residential property prices in Dublin over the next 6 - 12 months ? continue to increase at crazy rates, continue to increase at slightly less crazy rates, we've reached peak crazy prices ? xo

Well I was hoping to buy next year

They'll continue to rise until
(1) people can no longer afford them and decide to move their search area further from the city centre, and
(2) large numbers of new builds are introduced on the supply side, which is still probably 12 - 18 months away.

I don't see how crazy prices can continue.


CB rules make LTI 3.5x and 10/20% deposit requirement.
You need people with cash and a salary to get those mortgages and I don't see where these people are.

Specially in light of revenues lower than expected income tax take.

Still incredibly cheap houses down the country.

4 beds in nice areas with decent schools and lots of amenities for €150k.

Liathroidigloine wrote:Still incredibly cheap houses down the country.

4 beds in nice areas with decent schools and lots of amenities for €150k.

How's the commute to Grafton and O'Connell street areas?

Liathroidigloine wrote:Still incredibly cheap houses down the country.

4 beds in nice areas with decent schools and lots of amenities for €150k.

Whats the mortgage you can get on no salary?

I would happily move down the country - gladly even. The problem is though that if you work in D4, can get over the 2 hour commute (4 hour return) the train is not even an option as you get stuck at Heuston.

The other train line in Ireland... Dublin takes you to Dublin priced areas in North Wicklow.

nardol wrote:I don't see how crazy prices can continue.


CB rules make LTI 3.5x and 10/20% deposit requirement.
You need people with cash and a salary to get those mortgages and I don't see where these people are.

Specially in light of revenues lower than expected income tax take.

There are loads of them. The main issue is massive demand to live in just a few small suburbs. Lack of infrastructure development and failure to open up development land in underused suburbs means that an ever increasing number of people are chasing a small number of properties. Even after the worst crash in memory, house prices in the good suburbs were back up after just a few years. Buy as soon as you can and aim to be mortgage free by retirement, because you do not want to be renting on a low income in this country.

Bullettyme wrote:Well I was hoping to buy next year

wanna buy ?

Nolanator wrote:

Liathroidigloine wrote:Still incredibly cheap houses down the country.

4 beds in nice areas with decent schools and lots of amenities for €150k.

How's the commute to Grafton and O'Connell street areas?

How many people work in those areas? Most people work within 15min of the M50

Duff Paddy wrote:

Nolanator wrote:

Liathroidigloine wrote:Still incredibly cheap houses down the country.

4 beds in nice areas with decent schools and lots of amenities for €150k.

How's the commute to Grafton and O'Connell street areas?

How many people work in those areas? Most people work within 15min of the M50

Shush, he's looking for the Fintan O'Toole soundbite!

Duff Paddy wrote:

nardol wrote:I don't see how crazy prices can continue.


CB rules make LTI 3.5x and 10/20% deposit requirement.
You need people with cash and a salary to get those mortgages and I don't see where these people are.

Specially in light of revenues lower than expected income tax take.

There are loads of them. The main issue is massive demand to live in just a few small suburbs. Lack of infrastructure development and failure to open up development land in underused suburbs means that an ever increasing number of people are chasing a small number of properties. Even after the worst crash in memory, house prices in the good suburbs were back up after just a few years. Buy as soon as you can and aim to be mortgage free by retirement, because you do not want to be renting on a low income in this country.

We need to get economically inactive people to move to the country. Not Leitrim country but areas like waterford kilkenny etc..... (or spain).
The lack of dynamism in the existing stock is also low in addition to your very valid points above.

Introduce a tax starting in 5 years time on the sale of development land and tax any land rezoned to development land at 100% (thats the rise in value that's due to the rezoning not the pre rezoning land value) and watch supply of land skyrocket

nardol wrote:

Duff Paddy wrote:

nardol wrote:I don't see how crazy prices can continue.


CB rules make LTI 3.5x and 10/20% deposit requirement.
You need people with cash and a salary to get those mortgages and I don't see where these people are.

Specially in light of revenues lower than expected income tax take.

There are loads of them. The main issue is massive demand to live in just a few small suburbs. Lack of infrastructure development and failure to open up development land in underused suburbs means that an ever increasing number of people are chasing a small number of properties. Even after the worst crash in memory, house prices in the good suburbs were back up after just a few years. Buy as soon as you can and aim to be mortgage free by retirement, because you do not want to be renting on a low income in this country.

We need to get economically inactive people to move to the country. Not Leitrim country but areas like waterford kilkenny etc..... (or spain).
The lack of dynamism in the existing stock is also low in addition to your very valid points above.

Introduce a tax starting in 5 years time on the sale of development land and tax any land rezoned to development land at 100% (thats the rise in value that's due to the rezoning not the pre rezoning land value) and watch supply of land skyrocket

Coveney tried to buy the Taoiseach job with the help to buy scheme but he would have been much better off introducing a tax incentive for empty nesters to downsize - that is the big issue in the desirable suburbs

Ha. The help to buy scheme is utterly pointless. There are no units to buy in the first place.

nardol wrote:Ha. The help to buy scheme is utterly pointless. There are no units to buy in the first place.

That's simply not true.

Duff Paddy wrote:

nardol wrote:Ha. The help to buy scheme is utterly pointless. There are no units to buy in the first place.

That's simply not true.

Not in Dublin there are not. So few new builds came online in Dublin last year and the few that did required a tent the night before.

nardol wrote:

Liathroidigloine wrote:Still incredibly cheap houses down the country.

4 beds in nice areas with decent schools and lots of amenities for €150k.

Whats the mortgage you can get on no salary?

I would happily move down the country - gladly even. The problem is though that if you work in D4, can get over the 2 hour commute (4 hour return) the train is not even an option as you get stuck at Heuston.

The other train line in Ireland... Dublin takes you to Dublin priced areas in North Wicklow.

Well for people working anywhere in as far as Lucan the commute is about an hour and will come down by 15 minutes when the N4 is upgraded. Seemingly this is now a priority.

Some good news from the country:

The Cameron factory that was closed with the loss of 150 jobs has been bought by a Brexit company and will employ 130 initially with another 100 possible. Lowish paid but still.

Panelto foods (bread maker) has applied for planning for another 50k sq ft facility and this is expected to provide another 100 jobs

Talks underway to create another 50 jobs in the middle of the town.

Centre Parcs development is flying and I see some local companies picking up contracts from it. The main contract went to Roadbridge, a Limerick company. I expected that it would be an International so that's pleasing.

None of these are Google type jobs paying €100k per annum but then the cost of living is so much less.

Public schools - no fees
Sports memberships/activities
Mortgage

There are additional costs

Third level - way more expensive
Motor

It's not an option if you are based in the centre of Dublin but otherwise it's worth considering.

Ive looked at park and rides with irish rail but any advantage I gain from living in the country is slaughtered by the fact my (future) family life would be obliterated by the commute.

nardol wrote:Ive looked at park and rides with irish rail but any advantage I gain from living in the country is slaughtered by the fact my (future) family would be culchies.

Harsh but true.

Flametop wrote:

nardol wrote:Ive looked at park and rides with irish rail but any advantage I gain from living in the country is slaughtered by the fact my (future) family would be culchies.

Harsh but true.

"Altogether now:

Oh, I'd rather be a northy than a Dub,
I'd rather be a northy than a Dub,
rather be a northy,
rather be a northy,
rather be a northy than a Dub"

The PC Version

If I taught in some kip like Longford I would be able to live like a king.

I've always (since I started doing one) thought that pay for public sector jobs should be linked to the cost of living in the area or that a base pay should be given with allowances for areas with high cost of living.

Uncle Fester wrote:I didn't say price. I said value.

You are insane if you think London offers more value than Dublin. As bad as things are in the latter it beats London hands down.

You're all complaining about silly stuff. In 20 years we all will be given a living wage. Those that work will get there via electrified helicopters and planes, or sitting on their couch. Robots will be at our beck and call and we will live like kings whether it is in Foxrock or Tubberspudsville. This utopia will last for 100 years until global warming/unsustainable populations/race wars/the LGBT community or even robots destroys our society and probably the planet too.

nardol wrote:

Duff Paddy wrote:

nardol wrote:Ha. The help to buy scheme is utterly pointless. There are no units to buy in the first place.

That's simply not true.

Not in Dublin there are not. So few new builds came online in Dublin last year and the few that did required a tent the night before.

Absolute media rubbish. You could have a brand new A rated house between knocklyon and firhouse, close to everything, and still meet the Help To Buy threshold of 500k. But you don't want that, you want Terenure or Rathfarnham and the right to moan about the country being rubbish

alliswell wrote:If I taught in some kip like Longford I would be able to live like a king.

I've always (since I started doing one) thought that pay for public sector jobs should be linked to the cost of living in the area or that a base pay should be given with allowances for areas with high cost of living.

We could start with the TD's first with that one.

What's wrong with these

https://touch.daft.ie/dublin/new-homes- ... blin-66903

The government will even give you a 20grand tax rebate if you buy one. But Ireland is still shit etc

Duff Paddy wrote:What's wrong with these

https://touch.daft.ie/dublin/new-homes- ... blin-66903

Shoe boxes.