An Airbnb report suggested the company’s typical host in Ireland earned €2,600 a year renting out space in their home for about 40 nights. Photograph: Andrew Harrer/Bloomberg via Getty Images

Listings on Irish site soar two-thirds in year despite warnings on tax from Minister

The “emigrants’ tax” would be aimed at those earning in excess of €75,000 in specialist jobs in areas such as finance, IT, medicine and science. Photograph: Dave Meehan

Tax break for emigrants proposed to encourage skilled graduates to move back

On a year-on-date basis, approvals of €4.4 billion are now 17 per cent ahead of 2015, following a slow start to 2016.  Photograph: Eric Luke

Mortgage approvals up by 26% in year to August ahead of Central Bank’s lending rules review

Irish pension funds are slowing the pace at which they build up allocations to low yielding euro zone government bonds.

A ‘surprising, sudden, intense, and large’ drop in bond prices could pose a serious threat to Irish investors and savers alike

The Global Financial Centres Index recognised Dublin as a “global leader” for its “broad and deep” financial services sector. Photograph: Bryan O’Brien

London holds on to top spot in global survey but may be hit by post-Brexit sentiment

Minister for Finance Michael Noonan: “There’s a lot of concern in the city of London, and there is a great interest in Ireland as a location for the financial services industry.” Photograph: Dara Mac Dónaill

Pascal Saint-Amans says the variation in national rates was no longer questioned

A well-thought-out plan with realistic expectations is critical, say experts

In 2015, Ryanair earned €1.5 billion in ancillary revenue. Photograph: EyesWideOpen/Getty Images

Airline is sixth biggest earner among 67 global airlines from ‘a la carte’ revenue

PayPal’s new head of global operations, EMEA, Maeve Dorman, and Louise Phelan, who has been appointed vice-president of western, central and eastern Europe, Ireland, Middle East and Africa.

Louise Phelan takes on vice-president role as Maeve Dorman becomes PayPal Ireland chief

Department of Education figures show a growing number of Irish parents are once again turning to the private option to school their children. Photograph: Bryan O’Brien

Enrolling a child can cost you bones of another mortgage with fees now surpassing €7,000 a year

The Daft.ie survey shows that “good” secondary schools – ie those who send on a higher proportion of students to third level – attract a higher premium on house prices. FIle photograph: Eric Luke/ The Irish Times

Average premium of 2.6% placed on houses within 100m of secondary schools, survey finds

The new CSO property price index will include regional indices, giving a breakdown of price and transactions trends in specific areas. Photograph: Aidan Crawley/Bloomberg

New property price index from CSO likely to have significant revisions, says analyst

Competition and Consumer Protection Commission chairwoman Isolde Goggin said statements signalling motor insurance price rises could result in “a degree of unspoken co-ordination” between rival insurers. File photograph: Getty Images

Commission checking if insurers have signalled premiums rises to each other

The soaring cost of car insurance continues to be an issue for industry and consumers alike. Motor car insurance costs were up 28.2 per cent in the year to August, figures from the Central Statistics Office show, with insurers blaming higher, and more frequent, claims awards.

Move comes as hauliers seek access to single market to avoid insurance hikes

The new Ikea store order and collection point  at the Park in Carrickmines. Photograph: Cyril Byrne

Swedish furniture giant opens new order and collection point in south Dublin today

Paul McNamara  joined the Dublin and London-listed financial services group IFG  from Barclays in July 2014. (Photograph: Eric Luke / The Irish Times)

Chief financial officer John Cotter will assume the role at financial services group

Minister for Finance Michael Noonan has said: “We want everyone on an income to gain from this [USC reduction]. But we want the gains to be proportionate.” Photograph: Alan Betson

Government has committed about €600m to spending hikes, with €300m for tax savings

Pensions expert Nick Sherry explains the MySuper state scheme Down Under

Ireland is not the only country facing a pensions funding crisis. Germany’s Bundesbank said this week that raising the legal retirement age to 69 by 2060 could ease some of the pressure on the country’s state pension system. Photograph: Krisztian Bocsi/Bloomberg

Employers should have to contribute up to 5 per cent of salary, says Insurance Ireland

Minister for Finance Michael Noonan: “We want the gains to be proportionate.” Photograph: Eric Luke

Budget cuts to USC would be ‘profoundly unfair’ on lower-income workers, says study

Now valued at €1.24 billion, Green Reit’s portfolio largely consists of 20 high-grade Dublin offices, with a total floor area of 226,000sq m. Photograph: Alan Betson

Property investment company reports 137 per cent increase in rental profit

Switching activity fell during July, with the number of renegotiated home loans falling to €410 million.

Variable rates nearly 1.3 per cent dearer than across EU, Central Bank figures show

Applegreen opened two new service area sites and added three filling stations in the Republic in the first six months of the year.

Petrol forecourt group has ‘particularly strong’ Irish growth and post-Brexit UK rise

With interest rates so low and rents so high, buying seems best. But is it in the long run?

The new index is expected to be published by the end of September. Photograph: Gareth Fuller/PA Wire

Move comes after criticism that its mortgage data-based index only covers 50% of market

Dublin’s IFSC. Investec said the expansion in the financial services sector was “substantial” and the fastest since December 2014

New business continues to moderate with exporters reporting lower new orders from UK

The National Treasury Management Agency  will return to the bond markets this week.  Photograph: Sasko Lazarov/RollingNews.ie

National Treasury Management Agency to return to market this week at record low yields

The new credit union will have assets totalling more than €70 million, and will have €1 million available to lend each month. Photograph: Colin Keegan, Collins Dublin

Merger comes as ReBo restructuring deadline approaches

Eir chief executive Richard Moat: “The transformation of our organisation in the past 12 months is clearly evident.” Photograph: Aidan Crawley

Revenue up 4 per cent to €1.3 billion at telecoms group as it ‘accelerates’ 4G roll-out

In 2007, €121 billion of private placement bonds by  Irish and IFSC banks were outstanding and were an important source of wholesale funding. Photograph: Simon Dawson/Bloomberg

Issuance of bond type vehicle peaked at €121bn in 2007 but fell to €29bn by 2014

Se2  has an existing full-time team of 70 in Waterford, and hopes to fill out its 135-seat office   over the coming years

CEO says new office an ‘important milestone’ for the life and pensions administrator

 Carl McCann:  said Total Produce  delivered “a very strong performance” in the first six months of the year

Acquisitions and expansion in north America boosts fresh food group

The figures point to an uptick in mortgage activity since May 2016, after a slow start. Year-to-date (January to July), based on the three-month moving average, show that activity has changed little since 2015, with volumes down 2.6 per cent year-on-year and values up 1.2 per cent, reflecting the increase in the average FTB mortgage approval value

Home buyers prepare for autumn selling season by getting pre-approved in summer

Tollbooths on the M7: there are four providers of tag accounts in Ireland. Photograph: Bryan O’Brien

Regular users of toll roads should consider their tag options

Central Bank: its  study showed that while many people were grateful simply to get a job during a recession, it was a bad time to get hired as employers tend to lower what they offer new hires

Central Bank study finds employers cut earnings for new workers as unemployment rose

The offer is available to current account customers who draw down a new first-time buyer, mover or switcher mortgage before March 31st next. Photograph: Brenda Fitzsimons / The Irish Times

Bank of Ireland will give 3% cashback as mortgage competition heats up

Previous efforts to incentivise first-time buyers  have failed, so is the Government heading the right direction this time? Photograph: Getty Images

‘Help-to-Buy’ scheme will likely exclude returning emigrants who bought property abroad

The Central Bank’s consultation on mortgage lending  is set to run until August 31st. Photograph: Matt Kavanagh

Regulator receives just 16 submissions as part of its review of rules

A combination of soaring rents, restrictive mortgage lending and a preponderance of contract work, as opposed to permanent, full-time work, means getting a first step on the property ladder has become increasingly difficult for millennials.

Tighter mortgage rules and lack of supply splitting market into ‘haves’ and ‘have nots’

Dalata said the deal to operate the DoubleTree by Hilton Hotel in Dublin 4 was subject to further due diligence. Photograph: Dara Mac Dónaill

Hotel group says it has entered into exclusive discussions on Dublin 4 hotel leasehold

Hostelworld’s losses for the six months to June 30th narrowed to €5.5 million from €14.6 million in the same period in 2015.

Irish travel website on track to meet full-year expectations in challenging market

At €230 a week, the pay for fathers is the same rate of pay for statutory maternity leave. Photograph: iStock

From September 1st dads can take two weeks off but they need to do the paperwork

The Commission for Aviation Regulation said on Monday that it has received 3,040 claims for refund from passengers on foot of bookings with Lowcostholidays.

Affected customers have until September 19th to lodge their claim with commission

Graduates of TCD who opt for courses like business, economic and social studies (510 points) or mathematics (565) and end up working in financial services are some of the best paid graduates in the country, figures from Emolument show. Photograph: Chris Ison/PA Wire

Salaries for construction careers yet to rebound despite jump in demand for courses

Wireless Group owns seven stations in Ireland, six of them in the Republic, including  FM104  in Dublin

Impact of Brexit on advertising revenues still unclear Belfast-based media group says

The numbers relying on the State pension jumped from 26 per cent in 2009 to 36 per cent in 2015, according to the CSO

Pensions Authority reforms aim to make private schemes simpler and increase uptake

While the number of Irish parents staying at home has shrunk significantly over the past few  decades, the proportion of fathers opting to do so has risen substantially.

Survey finds Irish underestimate cost of stay-at-home parenting

Prudential reported a forecast-beating six per cent rise in first-half operating profit to £2.06 billion (€2.4 billion), led by growth in Asia. Photograph: Bobby Yip/Reuters

Insurer’s M&G arm considers increasing Dublin-domiciled funds following Brexit vote

Irish 10-year yields have plunged from 0.825 per cent at the start of July as markets reacted to the UK’s decision to leave the European Union. Photograph: Peter Nicholls/Reuters

Yield on 10-year bonds sinks to 0.363 per cent as borrowing costs fall across EU periphery

A three-bed semi detached can be yours for €95,000 at Esker Glenn, Drumlish, Co. Longford. (Photograph: myhome.ie)

Survey points to ‘three-tier’ property market with rural counties Leitrim and Longford left behind by house price recovery

The Banking & Payments Federation Ireland  figures show that 6,803 mortgages, to a value of €1.29 billion, were drawn down in the second quarter of 2016

This was the highest second quarter drawdown since 2010, with 6,803 home loans

Central Bank found that on regular payment pensions the commission rate can be as high as 15-50 per cent of the first year’s annual premium. Photograph: Thierry Roge/Reuters

Central Bank to review the risks to consumers of commission payments to financial advisers

Ires Reit owns and lets 102 apartments at The Marker in Dublin’s docklands.  Photograph: Cyril Byrne / The Irish Times

Despite restrictions Ires Reit increased rents by up to 12% in its Dublin properties this year

Beacon South Quarter in Sandyford, Dublin, where Ires Reit is building 68 apartments at a cost of about €22.7 million. They are expected to generate a gross yield of 8.5 per cent to 9 per cent. Photograph : Matt Kavanagh

Ireland’s biggest private landlord says rents rose €35 a month to €1,399 in first half

Frank Murphy: ‘The biggest challenge was people saying why didn’t someone think of this before? Where’s the catch?’

Frank Murphy’s idea was brilliantly simple: enable people to pay in their own currency

RSA saw  premiums for its Irish business rise 11 per cent in the first half of the year on the back of hefty rate increases. Photograph: Simon Dawson/Bloomberg

Losses shrink to £1m at Irish arm of British insurer as it returns to operating profit

British bookmaker Ladbrokes reported a 7.5 per cent drop in betting in its Irish business in the first half of the year, reflecting a smaller Irish presence since its restructing in 2015. Photograph: Aidan Crawley

Decline in Irish business reflects British bookmaker’s smaller footprint

UDG said it had not yet seen any material impact of the UK Brexit vote on underlying trading performance. Photograph: David Sleator

Healthcare services provider eyes potential acquisitions

Group says Brexit has weakened consumer confidence but long-term effect unknown

The value of Aviva Ireland new business in life and pensions soared by 58 per cent to €14.6 million in the first half of the year. Photograph: Jason Alden/Bloomberg

Strong growth in new life and pensions business helps drive profitability

One entrepreneurial Dublin host is offering an airbed - which will be placed in the living room of a city-centre apartment - for €38 a night.

Dublin rates on Airbnb now surpass Paris for a room on the house-sharing site

Irish consumer sentiment declined in July in the wake of the UK’s decision to exit the European Union, but the scale of the drop was relatively modest.

Scale of decline in consumer sentiment is modest relative to March or May results

Redbrook prepares a large variety of ambient ready-to-use water or oil-based marinades for its food partners. Photograph: Brenda Fitzsimons

Food ingredients group employs 39 people in Mulhuddart

Ryanair  became the first airline in the world to carry more than 11 million international passengers in one month. Photograph: Bryan O’Brien

Airline transported more than 11m passengers in July despite Brexit and French strikes

Dublin may be primed to secure additional business once the UK exits the EU, according to PwC. Photograph: Bryan O’Brien

Irish capital is primed to benefit from post-Brexit opportunities, according to PwC

Michael Carvill, managing director Kenmare Resources. Photograph: Bryan O’Brien

Mining group implements price increases in suphate ilmenite market

Decline in new orders from Irish manufacturers noted for first time  in three years. Photograph: Alan Betson

Britain’s vote to leave EU is starting to hurt Irish manufacturing exports

A number of home insurance providers, including Zurich, are currently offering multi-year insurance policies with cover available for up to three years. Photograph: iStockphoto

Locking into two- or three-year deals with insurers has its advantages – and its downsides

A survey by Ibec of more than 450 Irish businesses has highlighted the intense currency strain on exporters following Britain’s vote to exit the EU. Photograph: Andy Rain/EPA

Ibec says exporters face a ‘full-blown currency crisis’ as sterling declines after vote

The Larne project will store energy in the form of compressed air in caverns created in salt deposits at depths of about 1.5km on the Islandmagee peninsula on the east coast of Northern Ireland. Photograph: Dara Mac Dónaill

Funding to be used for appraisal well in Northern Ireland compressed-air project

Verizon will pay $60 per Fleetmatics share, a premium of about 40 per cent to Friday’s close, valuing the deal at $2.4 billion. Photograph: Mike Blake/Reuters

Communications giant acquires Irish GPS vehicle tracking company founded in 2004

Italy’s Monte dei Paschi was the biggest loser in Friday’s stress tests, but it bounced as much as 10 per cent Monday morning after it was the subject to a last-minute rescue deal that means it will avoid a part-nationalisation. (Photograph: MATTIA SEDDA/EPA)

BOI and AIB drop, European banks gain, as investors respond to Friday’s stress tests

After a poor outturn in Friday’s European stress tests AIB stressed on Monday morning that the EBA figures are based on a “ 2015 static balance sheet and does not reflect current or future improved financial performance”. (Photograph: Cyril Byrne/The Irish Times)

AIB and Bank of Ireland move to allay investor fears after critical report

In 2014, then minister for health James Reilly introduced a measure aimed at getting insurers to cover the full costs of their patients in public hospitals

Hospitals charging patients the cost of a private bed when they are in a public ward is starting to affect health insurance premiu(...)

If there are significant others and/or dependents in your life, it’s worth taking the time to consider how they will be protected financially if you die

Start by figuring out what you can afford and how long you will need it for, and then work out the sums

Increasing numbers of Irish people in the autumn of their lives are choosing to officially divorce or, at least, file for judicial separations. Photograph: Getty Images/iStockphoto

Ireland has one of lowest divorce rates but the number of ‘silver splitters’ is going up

Grand Canal Dock: Dublin is now the 47th most expensive city in the world for expats to live and work in – behind London, San Francisco, and Paris – but ahead of other start-up hubs like Berlin (100), Barcelona (110) and Lisbon (134).  Photograph: Eric Luke / THE IRISH TIMES

Dublin has issues with the shortage of suitable office space – and the inflexibility of letting contracts

Given the low return environment we are in, charges imposed on approved retirement funds may be negating any return the fund offers

Pensions Council report warns charges are wiping out the value of retirement funds

Despite a volatile external environment, US companies are still looking to Ireland

Despite uncertainty on several fronts, US firms continue to invest here

 Assets plummeted at Dublin’s Bank of America Merrill Lynch from €361 billion in 2010 to just € 5 billion as of the end of 2015, as the bank continued to retrench its Irish operations.Photograph: Aidan Crawley

Dublin-based bank reported €22 million loss in 2015, down from €14 million profit in 2014

AIB subsidiary Haven said on Wednesday that it will cut its standard variable rate by 0.32 percentage points to 3.4 per cent. The reduction will apply to both new and existing customers, and coincides with a 0.25 percentage point cut in the lender’s loan-to-value rates, meaning the lowest rate now on offer is 3.1 per cent.

Cut to 3.4% means homeowner with €200k mortgage will save €410 a year

Frankfurt already has the European Central Bank (pictured) so why not the European Banking Authority for Dublin? (Photograph:  DANIEL ROLAND/AFP/Getty Images)

MEP Brian Hayes says Dublin would be ‘ideal’ location for banking watchdog

Raisin.com is offering Irish savers more options - but consumers should consider the strength of any financial institution before placing money with it.

Savers could double their return by placing a deposit via raisin.com

The UK vote to leave the European Union is negative for Ireland, raising risks to growth and creating uncertainty around future relations with Northern Ireland, Fitch Ratings said on Tuesday. (Photograph: Jason Alden/Bloomberg)

Ratings agency says reduced domestic confidence could be an issue

Strong growth in sales of books and newspapers, clothes, and hardware and paint, saw retail figures climb by 0.7 per cent in the month of May.

Increase driven by strong increases in sales of hardware, books and clothes; retail sales now just 3.3% off the peak of January 20(...)

Irish retail savers are feeling the pinch with negligible returns on offer across the board

Low or even zero interest rates look here to stay but as recent market turmoil has so clearly shown, moving out of deposits is a r(...)

Global financial institutions of the likes of Morgan Stanley and Legg Mason have been touted as potential candidates to shift some of their business to Dublin, creating thousands of financial services jobs in the process. But is this likely?

Some suggest city could capture 300,000 jobs over time as Central Bank readies resources for flood of potential authorisations - (...)

Announcing the change Minister for Finance Michael Noonan said the change will be “of particular benefit to those individuals with buy-out bonds whose defined benefit scheme may have been wound up and who had no choice but to accept a transfer to a bond”.

DB members will be to able to invest pension funds in approved retirement funds (ARFs) for the first time

In the Republic the value at UK retailers could see more negative effects. Dermott Jewell of the Consumers’ Association of Ireland (CAI) said familiar high-street names will feel the pinch of leaving the single market.

Prices of UK retail products may become cheaper

From powerful vacuum cleaners to online shopping, life may change now

Dutch airline KLM said on Tuesday that it will launch a new, twice-daily flight between Amsterdam and Dublin.

New Dublin-Amsterdam route will help boost tourism from the Benelux region

According to new figures from the Central Bank for the first three months of the year, gross new lending to SMEs was € 200 million higher than in the same period in 2015, rising to €  657 million, as draw-downs, particularly for property investment and development, continued to increase.

Property investment and development drive demand for funds but total lending falls by 10% on an annual basis

Pádraig Harrington, making his way onto the 18th green during the Seve Trophy, Pro-Am in Druids Glen, Co Wicklow in 2002. File photograph: Dara Mac Dónaill/The Irish Times

Parties involved in Wicklow golf course reach agreement on debts

HSBC has broken mortgage records by offering UK customers a two-year fixed rate home loan at an interest rate of 0.99 per cent, underlining the difference between the rates Irish homeowners are paying on their mortgages versus their European peers. (Photograph: Joe Giddens/PA Wire)

Move highlights differential in mortgage rates between Ireland and rest of Europe

Property investment company Hibernia said on Tuesday that it has received full planning permission for Phase 2 of the redevelopment of the Garda control centre at Harcourt Square in Dublin, paving the way for a “landmark development” on the site.

Site is subject of a legal dispute with the Office of Public Works (OPW)

Working out the most cost-effective way to amass summer holiday money can be tricky

From contactless payments, to credit cards and foreign exchange, here are some tips that will help you cut bank fees and spend mor(...)

Nick Ashmore, chief executive, Strategic Banking Corporation of Ireland (SBCI) said the figures show “that the more choice and competition generated in the SME lending sector, the more we can help our indigenous businesses grow and support jobs and so we hope to build on this initial impact and further support Irish economic activity with an active pipeline of new lenders and funders in 2016.” (Photograph: Alan Betson / The Irish Times)

State-backed agency hopes to further support Irish businesses in 2016 with an active pipeline of new lenders and funders

While life outside of the EU may see some changes which verge on the absurd - “powerful” vaccum cleaners may return to the shops in Northern Ireland for example - others will have a far greater impact and could impinge on our rights to work and travel in the UK. (Photograph: HAYOUNG JEON/EPA)

It’s still too close to call it, but if the UK votes to Leave this week it won’t just be the Irish economy that will be hit - it w(...)

Lenders to Irish mining group Kenmare Resources have approved the company’s restructuring plan, which will see the group cut its debt by $269 million (€238m) through a share sale. (Photograph: ARIEL MARINKOVIC/AFP/Getty Images)

Deal will see mining group cut its debt by $269 million through a share sale

Keeping abreast of the changing technological environment in financial services is “quite challenging”, Central Bank Governor Philip Lane said on Thursday. Photo: Eric Luke/The Irish Times

Governor addresses financial services industry on challenge of new technologies

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