Archive for September 2024
Apple tax funds ‘cannot be used for day-to-day spending’, says Tánaiste
Taoiseach Simon Harris has said that the €14 billion in tax due to Ireland following the ruling against Apple cannot be used for day-to-day spending, adding that the Government will give careful consideration on how best to use the funds. Apple this morning lost its fight against the European Commission’s ruling that it underpaid €13…
Read MoreTourism providers report disappointing summer season
New research from Fáilte Ireland has found the crucial summer tourism season was a disappointing one for more than half of operators here. 53% of those industry providers had fewer customers this summer than last, with 23% reporting similar levels and 24% recording more. The data from the national tourism development authority also found that…
Read MoreThe Financial Impact of Employee Wellbeing: Why It Matters
In today’s competitive business landscape, employee wellbeing is no longer a ‘nice-to-have’; it is a critical component of a company’s success. The financial impact of investing in employee wellbeing extends far beyond initial costs—it has profound long-term effects on productivity, employee retention, and overall business profitability. In this article from KAAS, we explore how prioritising…
Read MoreState completes latest renewable energy auction, but at relatively high price
The State has completed the fourth auction under the Renewable Energy Support Scheme (RESS 4). The process saw more than 2GWh of capacity provisionally procured, enough to power up to half a million homes. Four wind farms will provide 1,146 GWh of that total, coupled with solar projects that will generate 925GWh. The average weighted…
Read MoreAustralia plans social media minimum age limit
Australia plans to set a minimum age limit for children to use social media citing concerns about mental and physical health, sparking a backlash from digital rights advocates who warn the measure could drive dangerous online activity underground. Prime Minister Anthony Albanese said his government would run an age verification trial before introducing age minimum…
Read MoreDraft review of stamp duty does not advocate for increase in rate
A review of the stamp duty rate on the purchase of ten or more homes is not advocating for a hike in the 10% rate. RTÉ News has learned that the early draft of the Department of Finance’s review favours leaving the rate unchanged. The study of the rate commenced earlier this year following a…
Read MoreThe Financial Impact of Employee Wellbeing: Why It Matters
In today’s competitive business landscape, employee wellbeing is no longer a ‘nice-to-have’; it is a critical component of a company’s success. The financial impact of investing in employee wellbeing extends far beyond initial costs—it has profound long-term effects on produc…
Read MoreIrish employers least likely to use AI – global survey
Irish employers are least likely to use artificial intelligence (AI) in the workplace, according to new global research. The survey of 79,000 businesses across Australia, Canada, Ireland, New Zealand, and the UK was conducted by HR firm The Peninsula Group. The research found that employers in Australia and New Zealand are the most likely to…
Read MoreConstruction PMI flat for second month in a row in August
Construction activity was flat for the second month in a row in August, according to the latest Purchasing Managers’ Index from BNP Paribas Real Estate Ireland. The construction PMI showed a reading of 50 – the no-change mark – and which was broadly in line with the figure of 49.9 posted in July. The latest…
Read MoreIrish wind farms set new August generation record
Wind Energy Ireland said that wind generation here hit the highest on record for the month of August. Its figures show that wind power generation in August totalled 1,068 gigawatt-hours (GWh), an increase of 3% when compared to the previous record set during the same month last year at 1,042 GWh. Wind Energy Ireland said…
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