Noonan: Tax hikes possible in budget

Finance Minister Michael Noonan has revealed that the Coalition may hike taxes in next month’s budget to help increase Government spending.

Mr Noonan also privately told Fine Gael TDs yesterday that the Government is looking at overhauling Nama’s role so it can become a type of housing authority.

At the party’s pre-Dáil meeting in Adare, Co Limerick, he spoke about Fine Gael’s election priorities and said the Coalition was planning a cycle of budgets.