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Half of new homes should be built in Dublin, Chamber President to say

The President of Dublin Chamber will call for half of all new homes built every year to be constructed in the Greater Dublin Area at the organisation’s annual dinner tonight. Siobhan O’Shea, who is director of scaled business success at recruitment company Indeed, will also emphasise the urgent need to tackle infrastructural challenges that are…

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Service sector activity rises at strongest rate in 6 months

Activity in the service sector increased at the strongest rate in six months in September as cost pressures eased, new data shows. The latest AIB Global S&P Purchasing Managers’ Index (PMI) shows that growth of both new business and employment moderated. But outstanding work increased, and the 12 month outlook rebounded since August. The index…

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Unemployment rate of 4.3% for September – CSO

New figures from the Central Statistics Office show that the unemployment rate stood at 4.3% in September, down from a revised rate of 4.5% the same month last year. The CSO also said today that the unemployment rate for August was revised to 4.4% from 4.3%. Today’s figures show that the monthly unemployment rate in…

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Western Region ‘continues to lag other regions’, says development commission

A landmark report commissioned by the Western Development Commission (WCD) has found critical challenges facing the western and north western region in the areas of infrastructure, housing and income. The report found that average disposable income in the region is over €3,000 below the national average. New house completions in the western region fell from…

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Inheritance tax free thresholds to increase

The amount that can a person can receive as a gift or inheritance from a relation before having to pay Capital Acquisitions Tax will be increased as part of Budget 2025. The Group A threshold for CAT, which includes gifts or inheritance from parents to their children, will rise from €335,000 to €400,000. The Group…

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Dáil votes through some elements of Budget 2025

The Dáil has voted through elements of Budget 2025. These include excise on tobacco products and changes to value added tax, capital acquisitions tax and stamp duty. Each came into force at midnight. Taoiseach Simon Harris said Budget 2025 was the last of this Government’s mandate and he was looking forward to going to the…

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