Person: Kieran McQuinn

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

<p>ECB rate reduction will provide welcome relief to mortgage customers, especially tracker holders, but are likely to drive house prices higher for first-time buyers.</p>

economy

House price pain set to continue but incomes to rise in real terms

While mortgage holders, particularly tracker mortgages customers, are set to benefit from interest rate reductions this year, these cuts could push house prices further skyward, writes Cáit Caden

<p>As the Irish exchequer heads for massive budget surpluses for years to come, leading economists have warned Finance Minister Michael McGrath against cutting taxes. Picture: Cillian Sherlock/PA</p>

economy

Finance Minister warned against election tax cuts as budget surplus heads to €8.6bn

<p>Kieran McQuinn, research professor at ERSI, said the Government has a "very fine balance” to strike between infrastructure spending and not adding fuel to inflationary pressures. Photo: Sasko Lazarov/Photocall Ireland</p>

economy

ESRI: Economy to slow as elevated inflation persists

economy

ESRI warns Government to avoid taking measures that could overheat the economy

Eamon Quinn: Parallels between SVB collapse and 2008 banking crisis are very real

news

State urged to fund tens of thousands of 'uncommenced' planning permissions

A person calculating the cost of living with a phone calculator and a desk full of bills and till receipts.

One-off budget measures will 'insulate' families from price rises

ESRI: Measures will 'substantially cushion' incomes but most of the permanent changes to tax and welfare benefit those on higher wages

Fri, 30 Sep, 2022

Businessman Calculating Tax By Small And Big House Models

ECB sparks fears of further interest rate hikes as 300,000 notified of tracker payment rise

Eurozone inflation outlook fails to improve since July hike, prompting suggestion of large interest rate increase next month

Thu, 18 Aug, 2022

Irish consumers want Budget 2023 to ease utility bills amid cost of living crisis

KBC survey says sentiment is little changed but that consumers hope next month's budget will help ease soaring costs

Thu, 18 Aug, 2022

ESRI: Finances in good shape to fund any new household inflation support

Next week's exchequer returns will determine if the Government will need to hike taxes to mitigate Ireland's soaring cost of living

Mon, 25 Apr, 2022

Bank of Mum & Dad inflates deposits for first-time mortgages to €52,000

In just six months, gifts from parents accounted for about €209m of the money spent on Irish properties

Tue, 07 Dec, 2021

Eamon Quinn: How the Bank of Mum and Dad is fuelling Irish house prices

Parents pumped €149m into house prices in the first half of this year, putting homes beyond the reach of many young people

Mon, 06 Dec, 2021

Exempt housebuilders from any new Covid clampdown, urges ESRI's Prof McQuinn

Housing shortages are stoking house price and rental inflation

Sun, 21 Nov, 2021

EU: Irish inflation to be fourth highest in eurozone in 2022 after 'tumultuous' energy price spike

But the European Commission also predicts that Ireland's economy will grow by 14.6%, the fastest growth rate in Europe

Thu, 11 Nov, 2021

ESRI: 'Inevitable hit' to number of new homes built this year due to January lockdown

There will be "an almost inevitable" hit to the number of new homes built this year amid the closure of significant parts of the construction industry, professor at the Economic and Social Research Institute, Kieran McQuinn has warned.

Wed, 06 Jan, 2021

Cutting taxes least likely to work in stimulating demand and jobs in Covid-19 crisis: ESRI's McQuinn

Cutting taxes will likely be the least effective way in helping lift the economy out from the Covid-19 jobs crisis because there is no guarantee that people who fear a second wave of pandemic cases won’t just save rather than spend the money, ESRI professor Kieran McQuinn has said.

Sun, 28 Jun, 2020

Hopes rise that easing of Covid-19 restrictions will lift some of Ireland's economic gloom: ESRI professor

The Covid-19 pandemic unemployment payment will likely be extended through to the end of the year adding to the costs of the exchequer but the budget deficit may not necessarily balloon more than already feared if early positive signs for tax revenues are realised, a leading economist has said.

Sun, 07 Jun, 2020

Second Covid-19 lockdown could result in 20% unemployment by year's end says ERSI

That is the worst case scenario outlined in the latest quarterly economic research by the ESRI.

Thu, 28 May, 2020

Opposition as EC proposes €1.85tn economic package

The European Commission has proposed a €1.85 trillion package to save Europe from economic devastation, as it pledged not to repeat past mistakes when millions were unemployed and countries were left nursing unsustainable debts.

Thu, 28 May, 2020

New safety protocols you must adhere to before you can view a house

The Irish property sector is preparing to kick start the housing market on June 8, after months of stagnation due to the Covid-19 pandemic.

Wed, 27 May, 2020

ESRI: Fewer house builds due to economic shockwaves

The Covid-19 economic shockwaves will mean house builds will fall far short of what is required this year and next, storing up more problems for prices and rents in an already dysfunctional property market, the Economic and Social Research Institute (ESRI) has warned.

Wed, 20 May, 2020

ESRI: New house builds to fall this year in Covid-19 fallout

The Covid-19 economic shock waves will mean new house builds will fall far short of what is required this year and next year, storing up further problems in terms of prices and rents in an already dysfunctional Irish property market, the Economic and Social Research Institute has warned.

Wed, 20 May, 2020

Proposals on housing, hospitals: Suggestions tear back an Irish curtain

Though former president of America, Barack Obama, did not mention anyone by name this weekend when he attacked officials’ response to coronavirus, saying the pandemic showed many “aren’t even pretending to be in charge” he made his sharpest intervention so far in the White House race.

Mon, 18 May, 2020

Stopping 'property market roller coaster’ should be priority for Government

A plan “to stop the damaging roller coaster” of another boom-and-bust cycle for house prices should be a priority for the Government and other policymakers working to protect the Irish economy from the Covid-19 fallout, a research professor at the Economic and Social Research Institute (ESRI) has warned.

Mon, 18 May, 2020

Ibec says decisions necessary now to reimagine what Ireland can be after Covid-19

Siobhan Masterson from the business group says issues in society can be fixed - but decisions need to be taken now.

Sun, 17 May, 2020

ESRI: Redouble efforts to stop damaging 'roller coaster' of Irish house price boom-and-bust

Government and other policymakers will have to redouble their efforts “to stop the damaging roller coaster” of boom-and-bust for Irish house prices that few other countries experience as the property market here heads for another tumble, the research professor at the Economic and Social Research Institute has warned.

Sun, 17 May, 2020

Exchequer figures to signal budget deficit heading to €30bn this year

Exchequer figures published this afternoon are set to show the mounting toll the State faces from the Covid-19 economic storm and will point to the Government budget deficit soaring to €30bn this year.

Tue, 05 May, 2020

Country must 'find a new way of living' as cabinet set to extend Covid-19 controls

The country has been told must “find a new way of living” as severe restrictions on personal freedoms are to be extended beyond next Tuesday.

Fri, 01 May, 2020

ESRI wants the State to guarantee loans for SMEs during the Covid-19 crisis

Business groups have said that Ireland stands out as one of the few jurisdictions that doesn't offer some sort of ultra-cheap or zero-rate interest loans during the crisis.

Thu, 16 Apr, 2020

Analysts: Coronavirus to cost exchequer €30bn if lockdown extended beyond 12 weeks

The cost to the State of the Covid-19 crisis will likely reach €30bn this year should the shutdown of large parts of the economy extend beyond the current 12 weeks, leading economists have said.

Fri, 03 Apr, 2020

Kieran McQuinn: EU must learn from 2007 policy mistakes

COVID-19 poses the single largest challenge to the Irish economy since the financial crisis.

Sun, 29 Mar, 2020

ESRI: 18% to be out of work by early summer

Unemployment is likely to surge to more than 18% by early summer as the economy hurtles into recession.

Fri, 27 Mar, 2020

ESRI: Irish unemployment could surge to 18% by early summer

Irish unemployment is likely to surge to over 18% by early summer and could take more than a year before it falls back to its pre-crisis level of under 5% — depending on the success of measures to rein in the Covid-19 pandemic here and across the world.

Thu, 26 Mar, 2020

ESRI: How household bills tell a story of the crisis

Ireland will slide into a recession this year as large parts of the economy that depend on people spending money in the now-shuttered shops dries up, with thousands out of work and the incomes of many others falling, the Economic and Social Research Institute (ESRI) predicts.

Thu, 26 Mar, 2020

ESRI: Unemployment may peak at 18% by summer as economy to shrink by over 7%

Irish unemployment is likely to surge and peak at 18% by early summer and could take more than a year before falling back to its pre-crisis level -- depending on the success of measures to rein in the Covid-19 pandemic here and across the world.

Thu, 26 Mar, 2020

Worst global stocks sell-off in a decade

Panic over the Covid-19 fallout gripped global stock markets yesterday in the worst sell-off since the financial crisis a decade ago, while oil prices slumped in their worst drop since the Gulf War almost 30 years ago.

Tue, 10 Mar, 2020

ESRI: Irish economic growth grinds to halt under long quarantine

Irish economic growth will grind to a halt and unemployment will creep above 5% this year under Italy-style quarantines to control the Covid-19 outbreak here, the Economic and Social Research Institute has projected in new forecasts.

Mon, 09 Mar, 2020

ESRI models potential hits to Irish economy from Covid-19 'quarantines'

The Economic and Social Research Institute (ESRI) is working on scenarios that take account of significant hits to the Irish economy should the coronavirus crisis lead to the Government imposing long periods of quarantine.

Thu, 05 Mar, 2020

National Development Plan must develop the regions, says ESRI

The National Development Plan should stay focused on developing regions and cities outside Dublin as a policy response to offset economic divergence, a leading ESRI economist has said.

Thu, 12 Dec, 2019

ESRI steps up warning over corporation tax

A relatively small falloff in windfall corporation tax receipts would deliver an outsized and longstanding hit to government finances, the Economic and Social Research Institute has warned.

Thu, 12 Dec, 2019

ESRI calls for tax hikes to prevent overheating

One of the country’s leading economic think-tanks has called for increased taxes and less spending to form the basis of next year’s budget.

Thu, 20 Jun, 2019

Brexit impact could be as bad as financial crash

Juno McEnroe Political Correspondent

Thu, 11 Apr, 2019

Brexit already hitting economy, says ESRI

Brexit uncertainty is already weighing on spending and investment plans, and banks are less willing to advance loans to SMEs, according to the Economic and Social Research Institute.

Wed, 27 Mar, 2019

ESRI: Don’t risk cutting income tax

The economy is expanding so strongly that Finance Minister Paschal Donohoe ought to turn his back on deep cuts to personal taxes and spend even less than what will be available to him in so-called fiscal space, the Economic and Social Research Institute has said.

Thu, 22 Mar, 2018