'We have to study what they say' - Finance Minister reacts to council's criticism of Budget

The Minister for Finance Paschal Donohoe has defended his budget in the face of criticism from the Irish Fiscal Advisory Council.

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Budget criticised by IFAC: Spending money we don’t have

A government budget is always about managing expectations, economically, politically, and socially.

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Comment: ‘Prudent’ budget was anything but that

In the foreword to his department’s key pre-budget economic forecasts in June, Finance Minister Paschal Donohoe said he was determined to follow a “prudent” path because pumping up spending “in an economy at full employment entails risks”. The Summer Economic Statement, which was published four months before the budget, uses the word “prudent” a further nine times.

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Finance Minister defends size of allocation to 'Rainy Day Fund'

The Finance Minister Paschal Donohoe has been criticised for not allocating enough money to the 'Rainy Day Fund'.

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Central Bank sought ‘more ambitious’ budget

The Government could have done more to build up buffers for the hard times but this week’s budget was “balanced” that hadn’t fuelled demand in a fast-growing economy.

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Higher earners gain 10 times more than lower paid

Higher income earners gained 10 times as much as low earners in Budget 2019, that’s according to anti-poverty group Social Justice Ireland (SJI).

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Leo Varadkar backs ‘responsible, caring’ budget

Taoiseach Leo Varadkar has said Budget 2019 is “a responsible budget for a modern and caring Ireland that aims to be at the centre of a changing world”.

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Fianna Fáil leader: ‘No party has a divine right to power’

Fianna Fáil leader Micheal Martin has rejected Taoiseach Leo Varadkar’s demand that talks to extend the confidence and supply agreement be concluded by Halloween.

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Practical realities stand in the way of a pre-Christmas election

Fine Gael and Fianna Fáil TDs may have to put up with their loveless confidence and supply marriage for a while longer, writes Political Correspondent Fiachra Ó Cionnaith.

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Budget 2019 does nothing to tackle entrenched inequality

Budget 2019 fails to make any notable impact on Ireland’s entrenched inequalities and fails to tackle any of the major challenges the country currently faces, according Social Justice Ireland's Sean Healy.

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Sinn Féin claims renters being left out in cold in budget

Opposition parties have been highly critical of Fine Gael’s housing spend.

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Early deal to avoid winter general election would provide stability, says Donohoe

Finance Minister Paschal Donohoe said it was important to achieve political certainty in advance of Brexit.

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Fianna Fáil say confidence and supply negotiations cannot be rushed

The Justice Minister has warned that a general election will be triggered if the two parties cannot agree to extend the deal.

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#Budget19: Tourism VAT increase approved, Donohoe defends carbon tax decision

The Justice Minister insists the increase in VAT in the hospitality sector will not "see the sky falling in".

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Cormac Kelleher: Lack of action to address pensions a significant oversight

Failure to address pensions was a significant oversight.

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Nick Charalambous: Very little done to help entrepreneurs

While other commentators in this supplement will have given a broader scope of the budget changes, this article will focus specifically on how the budget may help those people who work for themselves in a self-employed or limited company capacity.

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Eamon Quinn: Splurge after finding €1bn down the back of the sofa

Making a virtue of finding €1bn down the back of the sofa and seeking to secure political gain by using the bulk of the cash to shore up an out-of-control health service spending, Finance Minister Paschal Donohoe is getting away with the oldest of political strokes.

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Lorraine Higgins: Opportunity lost despite some benefit for retail

Budget 2019 does a little for a lot, but the opportunity has been lost to deliver adequate targeted supports for the largest private industry employer in Ireland — retail.

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#Budget19: Hospital capacity deficits unresolved

Family doctors and hospital consultants are warning that Budget 2019 does not address capacity deficits and will lead to longer waiting times to see GPs and more widespread cancellation of surgery in public acute hospitals.

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In reality, it was a giveway budget — a little taste for all

Pascal Donohoe is an inclusive kind of a guy. He wraps his arms around all and sundry in his pronouncements on governance. Hence in yesterday’s budget speech we heard more than once about “our country”, and “our people” and “our children”. It’s no doubt heartfelt but also works well as a political tool. We’re all in this together, you, me, the butcher, baker and candlestick maker. And there is something for everybody in the audience.

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#Budget19: The day in quotes

Drinks Industry Group of Ireland (DIGI)

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#Budget19: Extra funds to build and buy social housing

An extra 10,000 council homes are to be added to the social housing supply next year through a combination of new builds, purchases, and long-term leasing — despite criticisms that leases should not count as additional stock.

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#Budget19: Hard calls dodged in election bid

They funked it. With the voices of constituency returning officers ringing in their ears the Government dropped the modest plan, flagged by Taoiseach Leo Varadkar in August, to increase carbon taxes. That they took this path of least resistance the day after the world was warned of what will happen if we don’t wake up to climate change means the charge of stupid short-termism can be added to the charge of long-term cowardice.

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If it looks like an election budget...

PRUDENT Paschal? “More like Profligate Paschal” was the charge about his third budget, writes Political Editor, Daniel McConnell

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Temptation to overheat economy has been avoided

At a time of considerable macroeconomic uncertainty (Brexit, US tax reform, EU tax reform) Finance Minister Pascal Donoghue has produced a (virtually) balanced budget and has avoided the temptation to overheat the economy through tax cuts, writes Mike Sheehan

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#Budget19 prioritised private landlords over homes for families

The Government has failed again to address housing needs, writes Colette Bennett.

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Charleville a small town with big hopes reflects on #Budget19

Charleville is braced for change but hopes for some breaks, writes Joe Leogue

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Taoiseach issues Halloween deadline to Martin to agree on new confidence and supply deal

Taoiseach Leo Varadkar has set Fianna Fáil leader Micheál Martin a Halloween deadline to agree to a new confidence and supply deal until 2020 - or face a snap general election.

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Budget case study: Retailers call for ‘level playing field’

A jeweller said the Government had ‘missed a trick’ in its annual financial package.

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