Posts by splash

The number of green loans drawn down last year jumped over 90% when compared to 2022, new data shows. A green loan includes green car or auto finance and green home improvement loans, The data from Banking and Payments Federation Ireland shows that 4,266 such loans were drawn down last year. The value of these…

One in every four adults would choose to take the State pension six years earlier, even if it meant they received €60 less a week from it, new research has found. But less than one in five said they would stay at work until they were 70 in order to get an additional €60 a…

The average interest rate on a new mortgage in Ireland rose for the third month in a row in March to reach the highest level since 2017, new figures from the Central Bank show. Ireland had an average interest rate of 4.31% in March – the sixth highest rate in the euro zone, up one…

In the globalised economy, multinational businesses face a labyrinth of tax laws that vary by country, each with its own rules, rates, and requirements. Navigating this complex web of cross-border taxation is crucial for these companies to ensure compliance, optimise their tax burden, and avoid legal pitfalls. This article explores key aspects of cross-border taxation…

Almost 80% of prospective homebuyers are worried about the state of the property market, new data shows. The consumer sentiment research from property website MyHome.ie reveals that just 13% believe the next year would be a good time to buy. Meanwhile, nearly half said the cost of living crisis has meant they have had to…

PTSB said today it had recorded a strong financial performance in the first quarter of 2024, including an increase in net interest income and a doubling of business lending. In an interim management statement today, the bank said its mortgage market share during the three months from January to March declined slightly from the fourth…

Over 70% of businesses expect to increase salaries this year, while 40% plan to hire more staff, new data shows. The latest KPMG Enterprise Barometer reveals overall optimism among Irish businesses, with 65% expecting turnover to increase in the next 12 months However, those surveyed highlighted a number of challenges facing businesses this year, with…

Private healthcare has come under the spotlight of late with the sale of the Beacon Hospital in Dublin and the planned move by Aviva back into the health insurance market. It comes at a time of sharp medical cost inflation and an apparent stalling in the proportion of the population holding private health insurance. However,…

The banking industry is warning people who have previously fallen victim to investment fraud about new scams where the fraudsters are promising to recover their lost money. The scam is particularly being targeted at people over the age of 50. The Banking and Payments Federation Ireland’s FraudSMART campaign says it is seeing growing numbers of…

New figures from the Central Statistics Office show that the public-private pay differential on average ranged from 0.9% to a decrease of 6.6% in 2022. The CSO said that trends in the public-private pay differential show that public sector employees on higher incomes are worse off in terms of gross pay in comparison with private…