Michael Noonan
Michael Noonan is the Minister for Finance and a Fine Gael TD for the Limerick City constituency. Noonan was first elected to the Dail in 1981 and held a number of Ministerial positions under the leadership of both Garret FitzGerald and John Bruton, these included Minister for health and Minister for Justice. He also served as leader of Fine Gael from February 2001 until June 2002.
# michael-noonan - Wednesday 5 December, 2012
PSRI changes will hit employees by €264.16 per year
The Budget will see the abolition of the PRSI-free allowance, meaning all employee income is hit at 4 per cent.
In full: Michael Noonan’s Budget speech to the Dáil
The full text of the speech given by Michael Noonan to the Dáil, as prepared in advance of delivery.
Explainer: What actually happens on Budget Day?
There’s speeches, then resolutions, and then a handful of Bills. So how does it all work – and when does it kick in?
The 9 at 9: Wednesday
Good morning! Here’s the nine things you need to know as the country prepares for another tough Budget.
# michael-noonan - Tuesday 4 December, 2012
A busy week for Noonan as EU banking union talks precede Budget 2013
First Brussels, then Budget Day.
# michael-noonan - Sunday 2 December, 2012
Older people could delay paying property tax until they die – Burton
The Social Protection minister says a range of ‘easy-pay options’ are being considered for payment of the property tax.
Open thread: What would YOU do with Budget 2013?
While we wait on tenterhooks for the cuts and taxes to be imposed on Wednesday, let’s come up with a PLAN, people.
# michael-noonan - Saturday 1 December, 2012
Here is the week’s news… skewed
Breaking via The Mire wire: 103% of adults fluent in Irish; evidence of a parliament found in Leinster House; rainwater is tax-free… for now.
Budget 2013: Four days to go, here is the speculation so far
The Budget is days away and though there has been fewer leaks than last year there’s plenty of speculation. This is what we can expect on Wednesday… definitely, maybe.
# michael-noonan - Friday 30 November, 2012
Former Anglo Irish Bank to sue auditors who will ‘vigorously defend’ case
Ernst & Young is being sued over its involvement in the auditing of the former Anglo Irish Bank prior to it being nationalised nearly four years ago.
# michael-noonan - Thursday 29 November, 2012
Dublin Clearstream branch to create 100 jobs
The Dublin office will support Clearstream’s move into the hedge fund administration market.
The 9 at 9: Thursday
Here’s the nine stories you need to know as you start your day.
Noonan and Howlin will both deliver Budget 2013 next Wednesday
Though the budget is being held over just one day this year, Michael Noonan and Brendan Howlin will both make speeches, starting from 2.30pm next Wednesday.
# michael-noonan - Wednesday 28 November, 2012
Majority of SMEs who requested credit from banks were approved
A total of 60 per cent of small businesses which applied for credit were successful according to the Red C poll.
# michael-noonan - Thursday 22 November, 2012
How many Irish tax exiles have paid the ‘rich tax’ this year?
The tax was introduced in 2010 to target wealthy Irish exiles who earn more than €1 million a year and also have assets of over €5 million in Ireland.
Michael Noonan is officially better than he was one year ago*
*At least, according to the Financial Times which has produced its annual ranking of the EU’s finance ministers.
Poll: Are you worried about the Budget?
There are less than two weeks to go until Budget 2013 is unveiled by Michael Noonan. Are you worried about what’s going to be in it?
# michael-noonan - Friday 16 November, 2012
Bankers’ pay: 1,262 staff at AIB earning six-figure packages
Sinn Féin says Michael Noonan is ‘feigning outrage’ at bankers pay, but doing little to encourage staff to take pay cuts.
# michael-noonan - Thursday 15 November, 2012
24 staff at Bank of Ireland earning over €400k a year
Michael Noonan says he “shares the outrage of the public” on bankers pay, but there are “legal constraints” in tackling it.
# michael-noonan - Wednesday 14 November, 2012
Bank of Ireland becomes first bank to borrow without State support
The bank has become the first bailed-out lender to raise money on the open markets, raising €1 billion in a bond auction.
Noonan hasn’t asked Permanent TSB staff on over €200k to take pay cut
The finance minister says his department is reviewing bankers’ pay, but he hasn’t asked staff to waive parts of high salaries.
# michael-noonan - Tuesday 13 November, 2012
Irish life CEO remuneration breaches government’s pay cap – Doherty
Sinn Féin finance spokesperson Pearse Doherty says Kevin Murphy’s total remuneration package of €586,000 breached the government’s own pay cap.
# michael-noonan - Monday 12 November, 2012
The 9 at 9: Monday
Good morning! Here’s nine things to know today.
# michael-noonan - Sunday 11 November, 2012
IBRC CEO paid €600,000 + in allowances over three years
Alan Dukes of IBRC told Minister Michael Noonan that staff pay cuts at the bank were not pursued partly because of the difficulty in retaining and attracting staff.
# michael-noonan - Thursday 8 November, 2012
Gilmore says €500,000 salaries for bank executives is “not acceptable”
The Tánaiste’s comments follow the release of figures that show six current executives at the former Anglo Irish Bank earn over half a million euro a year.
Six execs at former Anglo Irish Bank earn over €500k a year
Figures disclosed by Finance Minister Michael Noonan detail the remuneration packages of senior bankers at the former Anglo Irish Bank.
# michael-noonan - Tuesday 6 November, 2012
Budget 2013 to be held over one day, after Labour’s “serious political miscalculation”
Budget 2013 will take place over a single day this year, unlike the coalition’s first budget last year, which took place over two.
# michael-noonan - Saturday 3 November, 2012
French minister with Irish links says Hollande supports bank debt deal
Hélène Conway-Mouret, who lived in Ireland for 30 years, says that the actions of French president Francois Hollande have helped softened Germany’s view on Ireland’s legacy bank debt.
# michael-noonan - Thursday 1 November, 2012
Taoiseach: Bank debt deal will be dealt with by Finance Minister next year
Enda Kenny has said his meeting with Angela Merkel today will not be about making a decision on a deal for Ireland’s legacy bank debt.
# michael-noonan - Monday 29 October, 2012
Opposition bemoans lack of progress on bank deal after Schauble visit
Fianna Fáil and Sinn Féin both criticise Noonan and Howlin for failing to extract public commitments from the German minister.
German finance minister ‘very impressed’ with ‘special case’ Ireland
Wolfgang Schauble said he was confident Ireland would not need a second bailout following a meeting with Ministers Michael Noonan and Brendan Howlin today.
# michael-noonan - Thursday 25 October, 2012
The 5 at 5: Thursday
5 minutes, 5 stories, 5 o’clock…
As it happened: Noonan and Howlin on the Troika’s eighth review of the bailout
Are the Troika still happy with Ireland’s progress? Let’s find out…
Troika completes eighth review of Ireland
Ministers Noonan and Howlin to read out Ireland’s latest report card at noon today. Any guesses at what grade we’ll get?
# michael-noonan - Wednesday 24 October, 2012
Lenihan letters: What’s been released, and what hasn’t
The release of further documents this week help to shed further light on Ireland’s bailout. But what don’t we know?
In full: Brian Lenihan tells the ECB why Ireland needs a bailout
“There comes a point at which negative sentiment starts to feed on itself … we are clearly at that point.”
Released: Brian Lenihan’s letter where Ireland asks for a bailout
The Department of Finance has released the letter of November 21, 2010 where Brian Lenihan says: ‘We need help.’
# michael-noonan - Tuesday 23 October, 2012
10 EU states to bring in financial transaction tax legislation
Its estimated the tax could yield as much as €57 billion if introduced on a EU-wide basis but concerns remain in Ireland that its introduction could see jobs transferred abroad.
# michael-noonan - Sunday 21 October, 2012
The Evening Fix: Now with added Miriam and Pat from 1989
Here are the things we learned, loved and shared today.
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IMF tells Europe: ‘Deliver on your promises or Ireland is at risk’
The head of the IMF’s mission to Ireland says selling a share in the banks to the ESM is a good idea for everybody.
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