For businesses, Tuesday’s budget means higher energy taxes, tightening criteria to access green incentives and a slow roll-out of support schemes for renewables.
Budget 2020 was both weird and strange. A tentpole policy you don’t want to see used. A recognition of the fiscal prodigal that is Health. A suite of inherently prudent measures, and a raft of other small things that might not get used at all. But it was also the budget we needed.
Budget 2020 is rightly being framed against the backdrop of Brexit. But the global economic mood music is increasingly depressed and there is little the government can do about it.
In contrast to their bond brethren, stock investors have continued to be compensated by attractive income flows in return for risking their capital.
Brexit is forcing us to deal with multiple paradoxes at the same time. A phenomenon which can only harm us when it happens is actually helping us before it hits, as it calms our economy down.
Ag-tech entrepreneur Aidan Connolly looks to the Irish start-up scene for answers to the questions facing cattle farming and beef processing.
The government has charged the Judicial Council with implementing urgently needed reform of personal injuries insurance. It is not a quick fix, but, given the intense lobbying and various legal issues, it is probably the best option.
Climate change and technological disruption will impact many stocks. But savvy investors will be able to sell out of sunset industries and set up a high yielding portfolio to hand over to the next generation.
The annual budget process is a recipe for overspending and myopic decision-making. However, for the first time in fifteen years, we can actually think about a world with a better set of budgetary institutions.
In this, the first of a new series of innovation, Ross Hunt argues that Ireland merely assists multinationals to solve problems, rather than solving them ourselves. Overtime, he believes this will reduce our wealth rather than increasing it.
© 2022 Currency Media Limited
