Gráinne McEvoy, former head of securities and markets supervision, has been appointed to the role of director of consumer protection at the Central Bank. Photograph:  Jason Clarke Photography

Appointments will help regulator deliver on its financial conduct mandate

The Competition and Consumer Protection Commission has warned that cashback offers might not make financial sense in the long term because of the higher rates often also charged.

Mortgages Bill could see homeowners benefit from pressure on rates if passed

On a monthly basis, prices fell by 0.1 per cent in December.

Pre-Christmas discounting by retailers sees consumer prices fall in December

Thanks to an amendment to the BIK regime, if your employer were to buy you a new Tesla (if they could track one down) retailing at about €100,000, you would get to save €17,160 a year in taxes.  Photograph: CHANDAN KHANNA/AFP/Getty Images

Like all taxes, benefit in kind has its quirks, but employees need to wise up to the extra tax they’re paying on work perks

The Hodson Bay Hotel group now obtains 63 per cent of its bookings via phone.

Commission rates of 15-20 per cent prompt move to reduce dependency on online hubs

Dalata, the group behind the Clayton and Maldron brand names, is set to bring more than 500 rooms to  Dublin market

Davy says just 800 rooms will come onto the market in 2018, 38% less than expected

Irish Life has said it is not considering a foray into private hospital ownership.

Pensions company says it is at an ‘advanced’ stage to enter build-to-rent market

Year-on-year growth in Irish comsumer spending inched up 2.5 per cent in 2017, Visa said, with online shopping rising 7.4 per cent in the year.   Photograph:  Dominic Lipinski/PA Wire

KBC survey suggests return to boom-time conditions still ‘remote’ for many people

Forever 21 continues to trade at the Henry Street store, it’s understood that it has agreed to terminate its lease, and a closure is expected to be imminent.

US youth fashion retailer is culling international outlets due to poor trading performances

To stay invested in retirement via an approved retirement fund while living  tax-free abroad, you’ll need to be wary of a new Revenue ruling.

If you’re chasing a tax free retirement in Portugal, a new ruling may make you think twice

In December it was disclosed that more than 30,000 home-owners were found to have been either denied a tracker mortgage or were put on the wrong rate. Photograph: Getty Images

Rating agency DBRS says payouts are larger than those seen in other European cases

Feeling flush? Despite economic indicators showing our wealth is recovering, many households continue to be weighed down by high rents and precarious jobs.

If our financial health is blossoming, why don’t we feel it?

Paddy Power Betfair’s new chief executive, Peter Jackson: the move to the head of the gambling giant represents a big step up for the 42 year old

Mixed start for ex-Worldpay UK boss as share price falls and Morgan Stanley cuts its recommendation

Last August Mr Kiely sold Voxpro, which provides high-end call centre operations for tech companies, for about €150 million to Canadian firm Telus International, netting himself and his business partner and wife Linda Green-Kiely a significant windfall.

Voxpro founder Dan Kiely to invest €200,000 in Abodoo

Irish investors who currently hold foreign listed products will still be able to hold or sell these investments, but won’t be able to purchase more for the time being. Photograph: Yui Mok/PA Wire

Irish investors will be temporarily excluded from investing in products such as US listed ETFs

Staycity Edinburgh property:  group has teamed up with Tetrarch Capital, an Irish investment group, for two developments on Pearse Street in Dublin’s city centre.

Staycity Aparthotels looks towards 1,500 units in Irish capital as revenues climb 25%

Prices in Dakota Court, Phibsborough, Dublin 7, especially the one-bedroom units, have increased by about €50,000 in the past 12 months

Survey highlights Europe’s ‘austerity star performer’, although a slowdown is expected

Castlecourt Shopping Centre

But year would have been ‘disappointing’ only for £123m sale of Belfast shopping centre

Writing down financial goals may not mean you’ll actually achieve them, but it increases your chances of doing so.

New Year’s resolutions don’t all have to be about giving up chocolate and alcohol

View from Bella Vista, Coliemore Road, Dalkey, on sale in need of complete overhaul in March for €1.2m, sold by June for €1.4m

Some investors made quick turnaround gains of more than 100%, especially on houses in need of serious repair in good areas

The €200 annual charge, the non-principal private residence, was first introduced in 2009. Photograph: Joe St Leger

Second-home charge not tax deductible but if it changes people may be out of pocket for 2013 payment

Travelers’ Europe, the UK based operation of US insurance company Travelers, is set to establish a new hub in Dublin to allow it to continue to service its EU based customers. Photograph: OLIVIER HOSLET/EPA

Travelers Europe is to seek authorisation for a new EU insurance hub in Dublin

Boom times are back? Some Irish employers are reporting employee turnover levels of up to 30 per cent, causing “significant issues” for the business.

Employers set to offer average pay rise of 2.5% as retention of key staff becomes a significant issue

The loan, which was offered to Ireland as part of an international recovery package at the time of the financial crisis, was due to be repaid between 2019-2021, but has now been repaid in full.

Danish finance ministry praises Ireland for its “exemplary” recovery; early repayment will cost Denmark about €10m in interest

All indicators suggest that house price and rental growth will continue into 2018, with double-digit hikes expected in the former and price growth of between 4-7 per cent for the latter. Photograph: Getty Images

‘Confidence, consumer spending and exorbitant property prices are back’

Fusion Antibodies placed 6,707,317 ordinary shares on AIM at a price of £0.82

Belfast company to use funds to expand laboratory space and develop new service lines

A Central Bank report states that branches around the country continue to struggle with a decline in outstanding loans and low interest rates. Photograph: Colin Keegan, Collins Dublin

Number of active branches has decreased from 399 to 269 but assets rise to €16.8bn

The Central Bank has fined Merrion Stockbrokers € 200,000 for failings related to the regulator’s fitness and probity regime.  Photograph: Niall Carson/PA Wire

Fine marks first time a firm has been sanctioned for allowing employees to carry out specific functions without being satisfied th(...)

Pension Bee chief executive Romi Savova says firm will “keep our philosophy to always keep fees fair and transparent”

Pension Bee is looking for partners in the Irish market as it readies 2018-19 launch

Rents continue to hit highs and may average 5-6 per cent in Dublin over the next few years. That would bring the average rent in the capital up to more than €2,000. Photograph: Bryan O’Brien

Even generous relocation packages fail to compensate executives working in capital

The contract also said that if, for any reason, the cost of products used in the build increased, then the developer reserved the right to increase the price of the house.  Photographer: Chris Ratcliffe/Bloomberg

Law Society warns that buying a new build home without contract clause is ‘unsafe’

Grace Park Wood in Drumcondra, Dublin. Latest figures from the Central Statistics Office show that prices in the capital have now soared by 86.4% since the market crashed.

Latest CSO figures show that property values advanced by 12.1% in the year to October

Linked Finance chief Niall Dorrian:  “What we’re doing is giving the opportunity for pension holders to invest in a growing and new asset class.”

Lending specialist Linked Finance launches pension platform for savers keen to diversify

An increasing number of new-build developers are refusing to include the protective clause that was once commonplace. Photograph: Neil Hall/Reuters

Non-conditional contracts mean buyers risk losing money if the sale doesn’t go ahead

Financal software and consultancy group First Derivatives has acquired Telconomics, a privately-held provider of telco analytics software, for up to €2.5 million. Photograph: Newraypics.com

Newry company to pay up to €2.5m for Telconomics, a privately-held provider of telco analytics software

Enterprise Ireland chief executive Julie Sinnamon  and Bernd Reichert, head of the ‘SMEs in Horizon 2020’ unit. Photograph:  Chris Bellew/Fennell Photography

Four Irish start-ups secure EU funding of more than €5m to expand their businesses

Car insurers typically won’t take into consideration claims-free bonuses earned in countries other than Ireland.

Rent rises, car insurance prices and health cover are among challenges returnees face

GAN received its first full US gaming licence in April 2017 from the State of New Jersey

Dermot Smurfit-led company says growth is driven by simulated gaming in the US

The Central Bank on North Wall Quay in Dublin: Four retail intermediaries were each fined upwards of €1,000 for failing to hold professional indemnity insurance. Photograph: Alan Betson

Move to act as deterrent and to ensure standards are met

Capital Dock extends over 4.8 acres alongside Sir John Rogerson’s Quay in Dublin’s docklands, with office space for 3,500 staff, and 190 apartments with waterfront views. Photograph: Clodagh Kilcoyne/Reuters

Recruitment site is second major occupier at docklands campus developed by Kennedy Wilson

The Sydney Opera House in Australia. In January of this year, Australia introduced a 15 per cent tax rate on earnings up to 37,000 Australian dollars for working tourists. Photograph: Bryan O’Brien

Working tourists now pay tax at rate of 15%; action won’t yet help Irish visitors to the country

Surge into the rental market means  the vacancy rate across Ireland is now just 1.31%, or 1.41% in Dublin. Photograph: Bryan O’Brien

Report by property group Savills says a record number of people now renting in Dublin

 A worker prepares packages for delivery at an Amazon warehouse. Photograph: Sean Gallup/Getty Images

Irish-based etailers such as Amazon, Ebay and Etsy may have to share data on sales

House prices are rising at an annual rate of almost 13%.

Regulator opts for status quo and moves to retain most rules

The Irish Fiscal Advisory Council says too fast a pick-up in construction jobs could force up wages and erode competitiveness. Photograph: Chris Ratcliffe/Bloomberg

Ifac says too rapid a pick-up in construction could hike wages and erode competitiveness

Potential first time buyers are driving growth in mortgage approvals, new figures show. Pictured is the The Tramyard Exchange off Meath Street, where prices start from €310,000.

Figures show first-time buyers now account for 50% of approvals as rising prices drive up average mortgage loan

On the site of JJ Smyth’s Pub on Aungier Street, Kateo Investments is looking to build 19 short-term accommodation bedrooms in a six-storey building over basement.

Council issues 50-plus letters warning landlords and owners of enforcement action

Photograph: iStock

Online shopping is a huge boon for the time-poor, but beware the many pitfalls

An Garda Síochána employees recorded the highest average weekly earnings in the public sector of € 1,322.32 in Q3 2017, according to new figures from the Central Statistics Office. Photograph: Alan Betson

Public/private sector pay differential continues to widen to €290 a week

 Minister for Social Protection Regina Doherty confirmed on Friday that payments will be automatically paid this week, despite ongoing political ructions. However, she warned that increases for 2018, such as the €5 increase from March in the state pension, are “in limbo”, due to delays enacting the Social Welfare Bill. Photograph: Eric Luke / The Irish Times

Welfare recipients to share €219 million fund, but payment still only 85% of weekly rate

Datalex chief executive Aidan Brogan. Company said  it remains “confident” it will achieve its full year guidance of 15-20 per cent growth in adjusted earnings.  Photograph: Cyril Byrne

Travel software firm on target to achieve 15-20% earnings growth in 2017

Revenues at the Swiss-Irish group fell by 5.5 per cent in the three months to October 31st 2017 to €909.7 million,as currency had a negative impact of 2.9 per cent on revenue. Photograph: Nick Bradshaw

Challenges are ‘unchanged’ at Aryzta as it makes little progress at US Cloverhill bakery

Is your property tax rising or falling htis year? Photograph: Bryan O’Brien / THE IRISH TIMES

No action needed if you’re going to pay the same way as last year; householders in Fingal, Laois, Tipperary and Wexford to pay mor(...)

The Central Bank proposals would introduce restrictions on financial intermediaries describing themselves as “independent”.

Regulator moves towards ending commission from financial services firms to advisers

Park Developments has  just brought one of the largest housing developments in the Sandyford/Stepaside area to the market in recent times at Clay Farm, which will have more than 400 units.

Park Developments benefits from building boost but warns that recent property price rises could reverse

A taste for the good life? New figures show that Irish households spend more in restaurants and cafes than their counterparts across the European Union.  Photograph: Aidan Crawley

Data shows one of the biggest leaps since 2006 for Irish households; but overall burden still less than Denmark and UK

Where free childcare is available in Ireland, such as through the Early Childhood Care and Education scheme, the hours are limited. Photograph: Christopher Furlong/Getty Images

Childcare costs and high taxes contribute to low workforce participation rates for women

You can skip the queues with Ikea’s new online shopping service - but  you mightn’t find the one item you really want. Photograph: Matt Morton/PA Wire

Retailer’s €7.50 country-wide fee for new online shopping will delight, but product choice - while extensive - may disappoint

The move to make the self-employed eligible for State income supports is expected to cost in the region of €23 million in 2018.

Move to provide access to State income supports in cases of serious illness or injury

Services proliferate as fears grow over impact of short-term lettings on the market

Wingly founders Emeric de Waziers, Lars Klein, Bertrand Joab-Cornu: The French company  is hoping to bring the concept of the sharing economy to aviation and is looking for Irish passengers and pilots

French start-up looking for passengers willing to cover costs and light aircraft pilots wishing to pursue their hobby

Financial advisers will still only pay 50% of costs of funding the regulator in 2017

he European Commission’s refusal to establish target timeframes for its antitrust investigations is a clear example of “double standards”, Brian Hayes MEP said on Tuesday, given its strict stance on a timeframe for the Apple state aid recovery. Photograph: CJ GUNTHER/EPA

European Commission ‘refuses’ to accept timeframes for its own investigations Brian Hayes says

Deputy governor of the Central Bank Ed Sibley said he expects all the main banks will be subject to Central Bank enforcement investigations.  Photograph: Niall Carson/PA Wire

Deputy governor says all main banks will be subject to Central Bank enforcement investigations

What might surprise perhaps, is that concentration risk may not just be limited to smaller markets like the Iseq. As Lawrence notes, tech stocks now account for about 25 per cent of the S&P though he says this shouldn’t be of undue concern to people with 2000 still fresh in their minds. Photograph: Kazuhiro Nogi/AFP/Getty Images

Due to heavy role of the banks on the Iseq, and 2007 crash, Ireland isn’t one of them...

Dublin’s biggest earner on Airbnb is a six-bed apartment in the south city centre that generates €163,495 a year. Its average daily rate is €651. Photograph: John MacDougall/AFP/Getty

Top property brings in €163,000 a year; 10 hosts earn over €100,000

Kingspan chief executive Gene Murtagh. The insulation group said on Monday that the outlook for its markets is ‘relatively stable’.  Photograph: Cyril Byrne / THE IRISH TIMES

Insulation specialist says markets ‘relatively stable’ but ‘near-term indecision’ in UK

Unlike in the run-up to the boom, these days construction tends to be weighted more towards the commercial side, with residential development considerably lagging behind. Photograph: iStock

While construction of commercial property roars ahead, building of houses and apartments lags way behind and there is little prosp(...)

Revenue: a class-action  approach would be “an important efficiency measure” which would allow the Tax Appeal Commission to “effectively dispense with individual hearings”.  Photograph: Joe St Leger

Accountants say dealing with Revenue is becoming ‘increasingly fractious’

Goal follows €60m investment in sustainable water treatment technology

Scotland’s Clayton Hotel, which is expected to open at the end of 2020, will be a four-star property located in the centre of Glasgow. Photograph: Cyril Byrne

Irish hotel group plans to add 8,000 new rooms in UK hotel market by 2024

‘A recent report concluded that it is clearly ‘not feasible’ for someone with average full-time gross earnings to fund a deposit ‘without significant assistance from family or friends’.’

Average wages, deposits, and mortgage lending rules ... is the Help to Buy scheme helping?

With pent-up supply, the scheme got off to a strong start, and as of the end of October there have been more than 11,000 applications from first-time buyers, some 4,500 of which have been claimed successfully. Photograph:  Brian Lawless/PA Wire

Numbers owning their own home in Dublin and across the country plunge to record lows

KBC Bank Ireland chief economist Austin Hughes: said the latest figures for consumer sentiment continued the pattern of “one and a half steps forward, one step back”.

Limited income growth a key inhibitor to consumer buoyancy, ESRI analyst says

(More expensive energy and intermediate goods pushed up euro zone prices at factory gates more than expected in September, data from the European Union’s statistics office showed on Monday. (Photograph: ANDY BUCHANAN/AFP/Getty Images)

Producer prices herald changes to consumer inflation, because their increase is usually passed on to the consumer

A new study found that Ireland is relatively more exposed to US interest rate tightening. Photograph: Joshua Roberts/Reuters

Irish economy is most exposed to US interest rate tightening and sterling exchange rate depreciations Central Bank study finds

Banks here  have the fourth-highest margins when it comes to the 27-countries in the EU. The wider the margin, the greater the profitability of the bank.

Irish banks have the largest lending margins in the euro zone, ECB figures show

Revenues at bookmaker Paddy Power Betfair rose by 9 per cent to £440million in the group’s third quarter, driven by 11 per cent growth in sports revenue. Photograph: Paddy Power Betfair/PA Wire

Revenues rose 9% in third quarter despite lack of major football tournament

Gordon Brown: “Little has changed since the promise in 2009 that we bring finance to heel. The banks that were deemed ‘too big to fail’ are now even bigger than they were,” he writes. Photograph: Jonathan Brady/PA Wire

Former British PM queries why UK didn’t do as Ireland did and prosecute rogue bankers

One Molesworth Street under construction. Goshawk will let the fourth floor plus five car spaces, on a 20-year lease, with a tenant break option at the end of year 13. Photograph: Cyril Byrne

Aircraft lessor has reached agreement with Green Reit to take fourth floor of new building

It has been estimated that it would cost about €250,000 to replicate the value of the full State pension in the private sector. Photograph: PM Images/Iconica/Getty

I’ve worked abroad, part-time or am a stay-at-home parent – can I get a State pension?

Biopharma firm Regeneron recently said it would create a further 300 jobs in Limerick as part of a $100 million expansion, bringing total headcount at the Limerick facility to 800 people

Expansion of Northern Trust and Regeneron is turning city into employment hotspot

Consumers didn’t get that warm and fuzzy feeling from Minister for Finance Paschal Donohoe’s debut budget. Photograph: Cyril

Consumer and business sentiment are improving – but most strongly in Dublin

Avolon expects the world jet airliner fleet to double to 51,800 aircraft by 2036.

Growth to be driven by airlines investing in youngest and most fuel-efficient aircraft

It’s expected that the increase to 6 per cent in commercial property stamp duty will result in an additional €376 million in revenue for the exchequer. Photograph: Cyril Byrne

Measures outlined for availing of lower rate on property deals agreed before October 11th

S&P predicted that losses to the Irish insurance market as a result of Storm Ophelia will be “relatively significant” for 2017. Photograph: Daragh McSweeney/Provision

Structural changes mean losses for Irish insurance market despite low economic risk

AIB has been reviewing records under Central Bank supervision since the end of 2015. Photograph: Cyril Byrne

Bank admits error that led to repossession nearly three years ago in tracker mortgage review

Permanent TSB chief executive Jeremy Masding and chairman Robert Elliott leaving the Department of Finance earlier this week. Photograph: Cyril Byrne

Solicitor behind tracker settlement urges all borrowers to check mortgage for mistakes

The weakness of sterling has led to higher used-car imports from the UK. Photograph: Barry Batchelor/PA Wire

Car sales plummet 18% as a weak pound prompts higher used-car imports from UK

On November 1st, SSE Airtricity and Bord Gáis Energy will increase their electricty prices, followed by Electric Ireland on February 1st, 2018

Move will cost consumers about €31 a year and follows €25 jump in public service levy

StepChange, located in  of Leeds, offers advice to borrowers struggling with multiple secured and unsecured debts.

StepChange Debt Charity Ireland, which started operating in 2015, not yet registered as a charity here

Expedia even gives a countdown to when the rate will expire.

UK’s competition watchdog to probe booking sites to see if they’re misleading consumers

Permanent TSB chief executive Jeremy Masding. The bank has settled what is believed to be the first tracker mortgage redress case to come before the courts. Photograph: Colm Mahady/Fennells

Lender pays multiple of initial redress offer to mortgage customer in settlement

The European Union Markets in Financial Instruments Directive II comes into effect on January 3rd. Photograph: Jock Fistick/Bloomberg

Independent advisers to become unable to take commission on sale of certain products

Fintragh, 11 Shrewsbury Road, Dublin 4, sold for €8.45m in April, less than the €9.7m asking price

Myhome.ie survey of first six months shows transactions up 11%, 300 houses sold for more than €1m and D15 is the busiest postcode

A substantial number of people may be unaware that their mortgage has been impacted, and they are therefore due compensation and redress. But could this be you?

Here’s a step by step guide to figuring out if you could be due compensation or not

Charleville Credit Union

Central Bank says €40m in refunds covering 98% of deposits have been issued

Financial experts recommend that a person keeps their housing costs to 30%  of their net income

Rent-to-income ratio at new high in Dublin, with Limerick the cheapest urban area

Trees which stood for over 100 years at  the Marina in Cork city following Storm Ophelia. Photograph: Daragh Mc Sweeney/Provision

Insurer says largest number of claims so far coming from Cork and Tipperary

Most of the investments in Draper Esprit’s portfolio increased during the period, with the fair value of Trustpilot advancing by 30 per cent, and ecommerce site Lyst by 50 per cent.

Venture capital firm says it is ‘on target’ to hit expectations across all metrics for full year

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