Advertisement

Readers like you keep news free for everyone.

More than 5,000 readers have already pitched in to keep free access to The Journal.

For the price of one cup of coffee each week you can help keep paywalls away.

Support us today
Not now
Wednesday 8 February 2023 Dublin: 6°C

# Budget 2012

All time
# Daily Fix
The Daily Fix: Sunday
Catch up on the day’s main stories, as well as the bits and pieces you may have missed…
# Budget 2012
Budget 2012: The cuts (and petitions) outlined so far…
Property charges, VAT increases and One Parent Family payments: Looking ahead to some of what may feature in next month’s Budget 2012 announcement.
AS IT HAPPENED
Liveblog: Capital spending announcement
Join us from 12 noon when we’ll be liveblogging the major goverment speech on capital spending with details on plans for projects such as Metro North, Thornton Hall and DIT.
# Spending Cuts
Capital spending cuts to be unveiled today
Several major projects are expected to be set aside as €750million is cut from the Government’s capital budget.
# Social Protection
Burton: ‘We’re not talking about’ €700m cut to social protection
The Minister for Social Protection said she was “very confident” a figure reported this morning was not accurate.
# Your Say
Poll: How are you feeling after this afternoon's fiscal update?
Michael Noonan told us to brace ourselves for €12.4bn of “pain” by 2015 – but did his announcement really worry you or are we used to it by now?
AS IT HAPPENED
LIVEBLOG: The Government’s four-year economic plan is announced
Join us as we keep you up-to-date on what Finance Minister Michael Noonan reveals is in store in the medium-term fiscal statement.
# Enda
Taoiseach to address nation on state of Irish economy
Enda Kenny is expected to outline the government’s economic policy and Ireland’s finances ahead of the Budget 2012 announcement early next month.
# Wealth tax
Wealth tax could raise €500million for State, say unions
The Irish Congress of Trade Unions has also proposed a minimum levy on high earners in its pre-Budget submission.
# Farming
Farmers ask for Croke Park principles to apply to them too
The Irish Cattle and Sheep Farmers’ Association have appealed to the Government not to hand down further cuts to the sector.
# Troika
Troika: Irish programme is succeeding but challenges ahead
Following a 10-day assessment of Ireland’s rescue package, the European Central Bank, European Commission and International Monetary Fund remain upbeat on the economy’s future.
# Troika
Govt says third review of Irish rescue programme was “successful”
Finance Minister has said that there will be a correction as close as possible to €3.6 billion in Budget 2012 and this was discussed with the Troika.
# Date for your Diary
Taoiseach confirms December 6 as Budget Day
# Budget 2012
Meeting Troika targets in 2012 is “not credible”, says social justice body
Social Justice Ireland says two-thirds of Ireland’s budget cuts should come from tax increases, though not from income tax.
# Budget 2012
Rabbitte says cabinet’s budget negotiations will be ‘extremely difficult’
The Minister for Communications believes that the government should go no further then cutting €3.6 billion in the forthcoming budget.
# Unemployment
Back to work scheme to be proposed for Budget 2012
Joan Burton, Minister for Social Protection, today said she would be proposing a new return to work scheme in the upcoming budget.
# Budget 2012
€4 billion ‘should be cut in Budget 2012′
The Irish Fiscal Advisory Council says the government needs to cut €4 billion from its spending if the state is expected to meet its 2015 deficit target.
# Budget 2012
Social welfare could be cut by up to €1bn
It is hoped that efforts to reduce fraud and decrease rental supplements could return savings of €1 billion.
# Alternative Budget
‘Alternative Budget’ claims to save €3.6billion without hitting poor
New proposals would deliver the necessary savings while also making Ireland fairer, according to Social Justice Ireland.
# Unemployment
Unemployment rate drops slightly in September 2011
While rate appears to be stablising, the proportion of those on the Live Register long-term has increased.
# Dáil Éireann
Taoiseach defends apparent U-turn on advisers’ salary cap
Gerry Adams accuses Enda Kenny of breaching his own promise about the extent of pay for special advisers.
# vox pop
WATCH: If taxes are raised in Budget 2012, which should they be?
The very wealthy would be paying a great deal more tax if the respondents in this video vox pop had their way…
# Budget
Government plays down apparent spending cuts revelations
Comments made by the Justice Minister in the Dáil last week about proposed cuts on the way in his department have been dismissed as figures taken from a savings proposal.
# Consumer Sentiment
Consumer sentiment drops amid ongoing job security and Budget fears
Sentiment in Ireland didn’t fall as much as among other Europeans or in the US – possibly because of an already-poor outlook here.
# Fat Tax
Minister rules out prospect of tax on ‘junk food’
James Reilly rules out taxing high-fat foods, but is to ask fast food operators to display the calorie counts of meals on their menus.
# Your Say
Poll: Are you worried about December’s Budget?
Pat Rabbitte has been dropping ominous warnings about the pain contained in Budget 2012 – but is it too early for us to be getting anxious.
# Budget 2012
‘Extremely painful’ Budget on the way, Rabbitte warns
The energy minister says there is “no more low-hanging fruit” for the €3.6billion in savings which the government wants.
# Daily Fix
The Daily Fix: Sunday
In tonight’s Fix: 9/11 remembered on emotional day in New York and elsewhere; the latest on David Norris’ possible Áras race re-entry; and why India’s sexiest woman is coming to Dublin…
# Austerity
Greece to press on with austerity, as Irish people split on next budget measures
A poll finds people in Ireland are almost evenly split on whether the government should press on with austerity or ease off in the December budget.
# Budget 2012
We’ll need EU-IMF permission to freeze income tax rates – Kenny
The Taoiseach warns that Ireland has committed to raise income taxes – and only an amended bailout deal can get us out of it.
# Flying the coop
Varadkar willing to sell off State’s stake in Aer Lingus
The Transport minister tells Newstalk that he doesn’t view the airline as “strategic” – and would be willing to part with it.
# Budget 2012
Taoiseach: “Everything is on the table” in December’s Budget
Enda Kenny says his government is ‘prepared to be radical’ in the Budget – and refuses to clearly rule out raising income taxes.
# Doom and Gloom
Front-loaded budget ‘could push economy to breaking point’
The KBC/ESRI Consumer Sentiment Index is virtually unchanged, but shows a worrying emerging trend in the medium term.
# Your Say
Poll: Should welfare payments be cut?
Expenditure in the Department of Social Protection has to be cut – but the Government says the axe won’t be applied to social welfare rates themselves…
# Social Welfare
Social welfare spending to be cut – but rates to remain
The government insists social welfare rates will not be cut, but that social welfare spending will be hit in other ways.