Search Results for 'Income distribution'

Conversations with local businesses here in the city and in towns around the county have conveyed to me a growing level of frustration and negativity about the future of retail.

ISME has written to the Taoiseach to highlight issues around the impact of the proposed 12.4% increase on the National Minimum Wage (NMW) in 2024, noting that the measure will create a financially unsustainable situation for many small and medium businesses across Ireland.

ISME has this week written to the Taoiseach to highlight issues around the impact of the proposed 12.4% increase on the National Minimum Wage in 2024, noting that the measure will create a financially unsustainable situation for many small and medium businesses across Ireland. The letter from the Chair of ISME, Marc O’Dwyer, follows representation from many of ISME’s Association members and affiliated trade bodies.

The basic income guarantee scheme for artists and arts workers being piloted this year, will be “a stabilising and supportive financial measure to those who give so much to the public”.

The Tánaiste and Minister for Enterprise, Trade and Employment, Deputy Leo Varadkar, has received Government approval to accept the recommendation from the Low Pay Commission to increase the National Minimum Wage to €10.50 per hour from January 1 2022.

Minister for the Diaspora and International Development Ciaran Cannon has said that this week’s increase in the minimum wage to €9.55 per hour will give a boost to lower paid workers in Galway.

Returns on deposit related products are at an all-time low with the average deposit rate being offered by various financial institutions hovering around 0.25%. Despite Deposit Interest Retention Tax (DIRT) of 41% being reduced to 39% from 1st January next, the return on your deposits are depressingly low.

Minister for Finance Michael Noonan and Minister for Public Expenditure and Reform Paschal Donohoe presented the first Budget of the Minority Government Fine Gael-Independent Coalition. Ministers Noonan and Donohoe announced that the total Budget package of €1.3bn favours expenditure increases over revenue reductions by three to one reflecting the Government’s commitment to rebuilding and investing in public services. More detail will be included in the Finance Bill to be published later this month.

The average rent for all dwellings in the private rented sector in Westmeath in the second quarter of 2016, which were registered with the Residential Tenancies Board (RTB), was €608.

New data from the Central Statistics Office (CSO) shows that average weekly earnings increased by 2.7 per cent up to the third quarter of this year.