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Wednesday, 7th March 2018

Michael Garland,

bizBoost Chair,

Waterford Business Group

"It was snow joke!"

Well, didn’t we get some dollop of snow last week? In Castle Garland, the back garden had over 50cm and believe it or not, 100cm in some places where the wind caused drifting. This was three days of Winter weather nobody will ever forget. We’ll be talking to our

Grandchildren, in years to come, saying "I remember the Spring of 2018, when Ireland STOPPED for three days."

"We ran out of BREAD!"

Or tea, in my case, I had to resort to drinking "Lady Grey, with zingy orange zest!"

Unfortunately, an event I am involved with, the 1848 Tricolour Celebrations, had to be cancelled in its entirety, from the 2nd to 4th March. We had an inkling that reaching Waterford City was going to prove impossible. The main roads may have been cleared by Saturday, but we

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Wednesday, 7th March 2018

John Smiles

Qualified Financial Advisor

What is the Serious Fraud Office?

The UK Serious Fraud Office [SFO] was set up in 1988 charged with investigating and prosecuting corruption and high-level corporate crime. For much of its life, it has been variously incompetent, underfunded and neutered by political pressure.

In 2012, the SFO botched the investigation of Vincent and Robert Tchenguiz—London-based tycoons accused of fraud over the collapse of an Icelandic bank. The case had everything: dawn raids in ritzy Mayfair and Chelsea, billionaires in handcuffs and the possibility of recovering cash for victims. Everything, that is, except admissible evidence. The effort collapsed almost as soon as it reached a courtroom, when it turned out the SFO’s search warrants were unlawful. The judge called the agency’s work "sheer incompetence."

Since the arrival of a new Director, David Green in 2012, it seems to have been turned

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Wednesday, 7th March 2018

2 Marian Terrace, Dunmore East, Co. Waterford

Sherry FitzGerald John Rohan are delighted to introduce to the market this two storey mid terraced property situated in the lower village of Dunmore East with superb sea views and providing enormous potential.

Exceptionally well located residence within circa 300 metres from the beach, just around the corner from The Spinnaker restaurant and bar, The Strand Inn and a short walk to the upper village with a further choice of eateries, bars, park and supermarkets. Situated towards the end of a small cul de sac, the property offers bright accommodation throughout and benefits from a sunny aspect. Gardens are set in lawn to front and rear, with the spacious rear garden having an excellent level of privacy.

Accommodation comprises ground floor – entrance hall, living room, kitchen and bathroom while on the first floor there are

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Wednesday, 28th February 2018

Michael Garland,

bizBoost Chair,

Waterford Business Group

The future’s bright!"

It seems that the "fallout" from the National Development Plan (NDP) started in earnest last week (poor old Ernest always getting the short straw). All manner of TDs and public representatives eventually managed to find their reading glasses and started to scrutinise the "Terms and Conditions". Low and behold, all was not as it seemed, after Leo spoke to his adoring, assembled press in Sligo.

We here in Waterford, have learned the hard way. Thick, glossy, weighty documents, never seem to translate into positive results for the principal players in said publications. I recall when "Talk Talk" closed its doors out of the blue and rather sharply, in September 2011. We had the usual flurry of activity from local TDs and senior political portfolio Ministers. A publication was hurriedly put together and launched, per Christmas,

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Wednesday, 28th February 2018

St Brigid’s Family & Community Centre is organising a Parents Plus Parenting Programme for parents/guardians of primary school age children.

This programme is for parents/guardians who would like to help their children reach their full potential and solve childhood issues in a positive way. The course does not propose to find all the answers but hopes to help parents gain support of other parents and find down-to-earth solutions for difficult situations. The focus of the course is positive and aims to build on your strengths as a parent and what you are already doing right.

The 9 week programme will take place on Wednesdays from 10.00am – 12.30pm starting on Wednesday 7th March in St Brigid’s Family & Community Centre, 37 Lower Yellow Road, Waterford. Places are limited, for more information or to book your place please contact Mags or Carmel on

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Wednesday, 28th February 2018

John Smiles

Qualified Financial Advisor

Can global banks unwind quantative easing safely?

Central banks face a huge challenge in successfully weaning the world off ultra-accommodative monetary policy and reducing the sizes of their balance sheets. Their actions helped calm the waters during the storm that was the Great Financial Crisis 2008/2009 [GFC].

Initially they cut interest rates dramatically, to below zero eventually in some cases. They also collectively spent the equivalent of more than $10 trillion on bonds through QE. A key question now is, can they turn off the taps of cheap-money and safely unwind those holdings without precipitating a disorderly sell-off in fixed income markets?

The actions taken so far have been modest and the markets’ reaction has, for the most part, been orderly.

A slow normalisation of interest rates has already begun. The US Federal Reserve (Fed) has increased rates five times in

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Wednesday, 28th February 2018

Bromley walk, ardkeen village, waterford

Sherry FitzGerald John Rohan are delighted to introduce to the market this exceptional four bed detached family home on a particularly generous site overlooking a large green in the popular residential estate of Ardkeen Village, Waterford.

This beautiful home is conveniently located just a few minutes walk to Tesco, Ardkeen Stores and University Hospital Waterford. Waterford City Centre is only a 5 minute drive away with a choice of excellent schools nearby and regular bus service adjacent .

The property has been extremely well maintained throughout with manicured lawns, deck, mature trees, upgraded PVC double glazed windows, facia and soffit and gas fired central heating.

Accommodation comprises entrance hallway, sitting room, open plan kitchen/dining room, lounge, utility, downstairs WC, TV room. First floor comprises 4 bedrooms, main en-suite and bathroom.

BER Rating: C1 BER No: 101676625 Energy Performance Indicator: 172.06

For

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Wednesday, 28th February 2018

The soaring cost of rent as seen in the latest Daft.ie report coupled with a shortage of supply in Waterford City and County is a major concern for local Focus Ireland Manager David Niblock.

In Waterford City, the increase in rents was 12.1% during the year to December 2017, up to an average of €835. A one bedroom apartment in Waterford City now costs an average of €626 per month, up over 13% in a year. There were 3,143 properties available to rent nationwide on February 1. This is the lowest number ever recorded for this time of year since the series started in 2006.

Focus Ireland has called for more urgent Government action to tackle rocketing rents as the new Daft report shows rents have shot up to a new all-time record of €1,227 per month nationally, the seventh quarter in

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Wednesday, 21st February 2018

Michael Garland,

bizBoost Chair,

Waterford Business Group "Fingers, toes and everything else crossed!"

With much pomp and ceremony, the National

Development Plan (NDP) was unveiled last Friday. Launched in Sligo, after an out-of-town cabinet meeting, in front of the usual media suspects, Leo’s future plans for the Island of Ireland, would be the defining document of his first term in office - his Guggenheim.

It certainly is a meaty document, running to over 100 pages, available to download from official and unofficial sources. I managed to download my copy from http://www.per.gov.ie and a quick scan through all 109 pages, had me thinking "Just what’s in there for Waterford?"

Social media, national and local press, captured the main headlines surrounding Waterford’s biggest game changer in years. The North Quays’ regeneration - our Renaissance. The demolition of all the derelict buildings is nearly complete and our

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Wednesday, 21st February 2018

John Smiles

Qualified Financial Advisor

Why is passive overtaking active?

Historically, our investment decisions have been entrusted to a stock picker or active investment manager. For several decades, active management has been losing ground to the passive investing approach – funds which invest in an index to cover an entire market.

Not only does this approach offer diversification, the rise of passive has opened up markets that were previously unreachable. There are now indexed funds or ETFs for every type of asset.

The advantages of passive investing are cost and performance. It is typically much cheaper to track an index than it is to employ portfolio managers with the skills to outperform, or potentially outperform.

Analysis of reports in major markets that compare the performance of active investors to passive indices show in the majority of markets, most of the time, indices can offer top quartile

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Letters to the Editor

  • Our View

    Rush to CriticismThere are not many people who at this stage have not heard about the Cash family and what happened to them. The mother and six of her children had to seek accommodation in the Tallaght Garda Station last week as they had absolutely nowhere to turn to. It led to an outcry as pictures of the young children sleeping on seats were posted to social media by the mother.Understandably there were a lot of people who were saddened to see that in this day and age that a family had to resor …

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