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Wednesday, 28th September 2016

If you have not experienced the anxiety of this horrifying journey, and I have not, to Cork or Dublin, in the back of an ambulance, then none of us can understand the stress of knowing that the clock is ticking ever so slowly to and, more than likely, beyond that 90 minute safety window.

The simple fact is that getting to Cork and Dublin, even with the blues and twos, will in truth take longer than 90 minutes. One simple hold up, one unaccounted for set of road works, a sporting weekend, a car crash or simply hitting rush hour traffic, will eat into this safety time zone. No matter what spin is put on this by Minister Harris or other Government Ministers it would be a miracle if that 90 minute window, could ever be achieved in the real world.

Perhaps,

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Wednesday, 28th September 2016

The Irish Council for Social Housing (ICSH), the national representative body for housing associations, comments on the key role set out for the sector in Rebuilding Ireland.

Caren Gallagher, Director of Policy said ' Our 15-member council, representing a diverse membership across the country, has been reflecting on the Government’s Rebuilding Ireland Housing Action Plan and where we fit in. If the actions in the plan are to become a reality, we need a new way of thinking about housing delivery and financing development. The State cannot solve the crisis alone. With a development pipeline of over 5,000 homes in train by 2018, using state funding together with leveraging private investment, housing associations must be seen as a long term strategic and collaborative partner in providing and managing new homes.’

She added, ‘The Action Plan identifies innovation and collaboration as key to

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Wednesday, 28th September 2016

Focus Ireland welcomed the additional detail on the Government plan on homelessness presented at the relaunch recently but warned more needs to be done to halt the constant rise in the number of families becoming homeless.

Focus Ireland made this call as figures the charity issued recently revealed that 72 families became newly homeless in Dublin in August as the crisis deepens. These means that 671 families with 1257 children have become homeless in Dublin alone in just the first 8 months of this year - an average of 84 per month compared to just over 60 per month last year.

Focus Ireland Director of Advocacy Mike Allen said: “It is positive news to hear again that up to 1,500 rapid build emergency accommodation units will be provided (or under construction ) by 2018 but we really need more action now to

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Wednesday, 28th September 2016

John Smiles

Qualified Financial Advisor

It is eight years since the collapse of Lehman Brothers triggered a global financial crisis.

There are three areas where the financial crisis brought change: the investment environment, the psychology of investors, and in attitudes to systemic risks.

In terms of the investment environment, the crisis intensified a regime shift that was already in place and has significantly shaken up players in the investment industry. Prior to the crisis there had been a decline in inflation and interest rates, but the effects of 2008 have pushed this to extremes. In addition, central bankers have responded to periodic growth weakness with monetary policy easing. The result is that bonds and bond-like assets have delivered what are traditionally considered to be equity-style returns.

The main impact of the financial collapse on investor psychology was not a lesson but a reminder. For investors,

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Wednesday, 21st September 2016

Michael Garland,

bizBoost Chair, Waterford Business Group

One Year On

It has been one year since I started writing this wee column in the Waterford Today. WOW, time does fly as you get older! I switched from another “Waterford” free sheet, due to the fact that it was not really being produced in Waterford. As a “blow-in”, who is passionate about Ireland’s Oldest City, I was very conscious that to be supporting the “Made in Waterford” brand, I had to be contributing to a Waterford produced product.

A chat with Paddy (The Editor) Gallagher and we agreed a seamless transfer to Waterford Today. A publication that has a small, but significant, tagline that you may never even have noticed - “ABC accredited circulation”.

It is funny that having worked, so many years ago, for the exhibition arm of a European publishing company, that literally sold

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Wednesday, 21st September 2016

The Port of Waterford Company has set out an ambitious business plan for the four years to 2020 during which the commercial state company aims to invest €7m in capital projects and increase annual revenues by €3m to €9.3m with the number of containers handled to more than double.

Launched at a reception to mark the bicentenary of Waterford Harbour Board, the business plan outlines the Port’s vision to be the preferred gateway for the southeast region while the mission is to provide infrastructure and services to enable trade and economic development in the region.

While confident that the current infrastructure at the Port which is five kilometres downriver from Waterford city in Belview, Co Kilkenny will be adequate for the growth forecasted over the next four years, the Port say it is clear that growth beyond 2020 will require additional investment.

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Wednesday, 21st September 2016

John Smiles

Qualified Financial Advisor

What is Sustainability Investing?

Most people invest because they have financial goals with long-term horizons (accumulation phase) or want to maintain a certain standard of living through retirement (consumption phase). Accumulators seek to achieve their goals by saving (deferring today’s consumption to future consumption). Since they will not require their money for some time, their savings can be invested with the expectation of capitalising on the time value of money to generate growth of savings. Retirees aim to withdraw just enough capital so that the remaining principal can grow and replenish those withdrawals.

More investors are focusing on sustainability and how their investment decisions align with their views on preserving the environment and mitigating adverse climate effects. Inevitably, tensions arise between the lifetime financial goals of investors and the financial and environmental legacy they are leaving to future generations.

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Wednesday, 21st September 2016

Minister for Transport, Tourism and Sport, Shane Ross TD, has announced that his Department is allocating €2.7 million in funding support for the four regional airports in Donegal, Ireland West Airport Knock, Kerry and Waterford.

Minister Ross said: “These Exchequer grant allocations are being made under the Regional Airports Programme 2015-2019, which was approved last year by the EU Commission and administered by my Department. The funding support that I am announcing today will assist with capital investment on various projects at the four regional airports over the coming months in the areas of safety and security such as CCTV monitoring equipment, repairs to taxiways, aprons and perimeter roads, upgrades to electrical systems and winter-ready equipment.”

The grants announced today are in addition to a preliminary round of grant allocations totalling €1.2 million for the airports that was announced in April of

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Wednesday, 21st September 2016

The average rent for all dwellings in the private rented sector in Co. Waterford in Quarter 2, 2016, and which were registered with the Residential Tenancies Board (RTB) was €579. This was up €8 when compared to the average rent in Q1, 2016, when the amount was €550, and was up €33 when compared to a year earlier, in Q2, 2015.

This data comes from the RTB’s Quarterly Rent Index which is compiled by the Economic and Social Research Institute (ESRI) on behalf of the RTB. It is the most accurate and authoritative rent report of its kind on the private accommodation sector in Ireland. This is because it is based on 22,103 new tenancies which commenced in April, May and June this year, and which were registered with the RTB. It reflects the actual rents being paid, according to the

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Wednesday, 14th September 2016

Michael Garland, bizBoost Chair,

Waterford Business Group

“Until the lambs have become lions”

“Rise and rise again,

Like the Phoenix from the ashes,

Until the lambs have become lions.”

A very appropriate quote for our magnificent Under 21 Hurlers, who wrote their names in to the history books, over the weekend. These young men, who played their part in the Minor Final in 2013, grew in stature and won Waterford’s, second only, under 21 All Ireland Championship, in the last 24 years. This is only our seventh All Ireland Hurling Championship title, in total, and was long overdue.

The People’s Park was awash with blue and white on Sunday afternoon, as thousands waited patiently for the team to return home to Waterford. The JJ Kavanagh bus eventually pulled up outside the Park and the team were introduced to the waiting crowd.

This truly was an astonishing TEAM effort,

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  • OUR VIEW

    There must have a huge collective sigh of bewilderment when it was announced by British Prime Minister Teresa May that there would be a general election called for June 8th. Considering the number of elections and referenda that the country has gone through in an already short space of time it is no wonder that people are experiencing election fatigue. And even before this particular election the country will have local elections as well as mayoral elections in eight metro districts.While many people mi …

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