Public cynical of ‘auction politics’, says Varadkar

Transport Minister Leo Varadkar has cautioned against the of use of “auction politics” ahead of the Government publishing plans to steer forward the economy in its post-bailout strategy.

He also warned of any future incentives for developers that might “over-stimulate” the construction sector. He claimed there would be a reduction for the first time in the numbers of homeowners with mortgage arrears, in the first months of next year.

His comments came as the Coalition prepares to release its six-year plan up until 2020.