Will the upcoming budget drive inflation and increase costs for Irish households?

The Irish Fiscal Advisory Council have made their pre-budget submission. They feel the Government’s proposed budgetary package will drive inflation and increase costs for households and firms. The council also warned that current plans would increase reliance on corporation tax receipts, which it considers risky. It also feels more of the corporation tax windfall should be put into the State’s rainy-day funds. For more on this, host Cliff Taylor is joined in studio by Niall Conroy, Ifac’s acting chief economist. Plus, Irish Times Economics Correspondent Eoin Burke-Kennedy on the key takeaways from the latest Daft.ie report which shows Dublin rental availability falling by 18% year-on-year to fewer than 1,150 homes. But the spike in market rents in the first quarter of this year after the introduction of new rental rules seems to have eased considerably. The report shows what rent inflation like outside Dublin, and how finding accommodation is becoming extremely difficult for third level students. Produced by John Casey with JJ Vernon on sound. * * * Hosted on Acast. See acast.com/privacy for more information.