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Wednesday, 10th January 2018

House prices are expected to continue to rise in 2018 but at a slightly slower pace due to a tightening of the Central Bank lending rules according to the latest house price report from MyHome.ie

The report, which is published in association with Davy, predicts house prices will rise by 8% overall in 2018, split between double digit growth outside the capital and a rise of 6 or 7% in Dublin.

While asking prices fell back by 1% nationally in the final quarter and 0.4% in Dublin– as per normal seasonal trends - 2017 was a year of robust inflation, with prices rising by 10.2% nationally and 11.1% in Dublin.

The median asking price for new sales nationally was €242,000 in the final quarter. In Dublin the median price was €330,000 compared with €195,000 in the rest of Ireland.

Asking prices across Munster showed

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Wednesday, 10th January 2018

- Minister should reconsider commercial rates on the same basis as Local Property Tax

- Budget 2019 may be the last opportunity for this Government to reform commercial rates system

ISME, the Irish SME Association today (8th January) welcomes the comments made by Minster Murphy last weekend on the changes to the Local Property Tax. ISME stated in its 2018 pre-budget submission, property taxes based on current market valuations are volatile.

Commenting on this announcement ISME CEO NeilMcDonnell said "Commercial rates (and LPT) which are pegged to and calculated on current market valuations, are subject to rapid change and unpredictable change. Such a policy is not a sensible basis for the levying of any tax. It serves only to penalise owners of private and commercial property in urban areas, particularly Dublin, Cork and Galway".

"It is only logical that Minister Murphy reconsiders commercial rates on the

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Wednesday, 10th January 2018

New to the market with Sherry FitzGerald John Rohan is a prime development site circa 1 acre in Kingsmeadow approximately 2km south west of Waterford city centre on the Cork Road mid way between Waterford Institute of Technology Cork Road and Manor St campus. The subject site is located on a corner site at the Kingsmeadow Roundabout adjacent to Aldi, the Regional Sports Centre, Maxol service station, Party World, Mr. Price, Colourtrend, Euronics and Speedyhire. This is a densely populated area with easy access to all areas within the city and beyond.

Zoned "General Business" within the Waterford City Council Area Development Plan 2013-2019, this zoning objective is to provide and improve general business use. This includes car park & park & ride facility, child care facility, community facility, enterprise centre, garden centre, health centre, light industry, medical & related consultants,

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Wednesday, 3rd January 2018

Michael Garland,

bizBoost Chair,

Waterford Business Group

"Happy Hogmanay!”

Aren’t traditions great? In Scotland, we celebrate Hogmanay, on December 31st, the last day of the year past. Looking back on what has gone, rather than towards what is yet to come. Unlike our "Auld Enemy”, those Sassenachs down South, we do our own thing, we’ve done for time immemorial.

This tradition also involves "The First Foot”. The taller and darker the preferred male "First Footer”, the better. He is the first person to cross the doorstep or threshold, of a friend or neighbour, post the midnight "Bells”. He brings with him emblematic gifts of coal, salt, shortbread, fruit cake (often Black Bun). Ensuring the household will have warmth and food a’ plenty, in the coming year. He’ll also bring a "Wee dram” in the form of Whisky, possibly even a fine malt, sharing and toasting

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Wednesday, 3rd January 2018

John Smiles

Qualified Financial Advisor

Protect yourself from Ghost Broking

The Gardaí have issued a warning to Irish drivers about the emerging fraudulent practice known as "Ghost Broking”. Ghost Brokers pose as legitimate insurance intermediaries selling cheap insurance policies. In reality, their policies are fake and not worth the paper they are written on.

Insurance is important to protect the things we love and when it comes to car insurance, it is essential that you have the correct cover. Car insurance is a compulsory requirement for motorists in Ireland and it is crucial to have sufficient cover in the event that you cause an accident.

A Ghost Broker is not authorised to sell insurance to the public and is not supervised by the Central Bank of Ireland. A Ghost Broker is acting illegally by pretending to be an insurance broker. In many cases, the Ghost

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Wednesday, 3rd January 2018

year to date and expected to surpass 15,000 for the first time since 2008

The Construction Industry Federation (CIF) analysis shows that 14,917 new houses were started in the Jan/Oct period this year. This represents an increase of 35.6% in the commencement of new housing from 11,000 to 14,917 units up to October 2017. If this trend continues, the CIF estimates that total commencements will approach 18,000 by the end of 2017.

CIF Director General, Tom Parlon said:

"The CIF welcomes Housing Minister Eoghan Murphy’s announcement that will see changes to requirements for building apartments in Ireland. We are engaging with the government on this and believe that such guidelines can make the building of affordable apartments in urban centres such as Dublin, economically viable once again. The Government’s changes here are a vindication of our consistent position that apartment building is not

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Wednesday, 20th December 2017

Michael Garland,

bizBoost Chair,

Waterford Business Group

“They think it"s all over?”

This time next week, it will all be over for another year. Depending on when you are reading my wee column, there will be 5, 4 or 3 sleeps left, until that big man, dressed in his Coca Cola red costume, drops down the chimney to deliver your presents. That"s assuming you have made it on to his “Nice list!”

There will be more than a few people on Waterford"s “Naughty list” and we hope that Santa deals with them appropriately!

Like so many others, I"ve written to Santa. I let him know about the dozens of promises made to us and how, time after time, we have been repeatedly let down. So many have guaranteed, well almost, to bring X, Y and Z, as well as A, B and C to the Déise.

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Wednesday, 20th December 2017

Dear Editor

My name is Nigel Roberts.

I would just like to tell you what a local company has done for us and maybe you might give it a mention.

We, myself and my wife Fiona, have a severely disabled child. His name is Angus. When the storms hit us a few weeks back we asked friends if they knew anyone with a generator as Angus has a lot of equipment including an oxygen machine and a bed pump that needs to be running constantly, so any power cut can get quite scary.

Anyway, Fiona was looking on Facebook and HW Fasteners were advertising generators so she contacted them to see how much they were.

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Wednesday, 20th December 2017

John Smiles

Qualified Financial Advisor

Investment needs Investors

At a recent conference in the International Conference Centre, Dublin, Arne Staal, Head of Multi-Asset Quant Strategies at Standard Life Investments, spoke about the increased use of data and technology in investment management. This data and technology provides real investment insights and increases the potential for discovery of false signals.

Passive or algorithmic investment strategies are growing in popularity and are based on big datasets and machine learning This can be a force for good as quantative approaches help investors understand the true drivers of their portfolios and bring hope of better investment decisions and new sources of returns. However, the easier it is to access ‘big data" the easier it is to be misled.

The rise of investment algorithms have coincided with a nine-year bull run on equity markets. Passive funds work best when markets rise

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Wednesday, 20th December 2017

New research shows that it might not be such a happy New Year for Irish consumers when it comes to their finances in 2018. Many admit to feeling less than optimistic about the year ahead, with money concerns and financial woes weighing heavily on people's minds.

New research published by independent price comparison and switching service, Switcher.ie, reveals the extent of consumers" financial concerns for 2018. Rather than looking forward to a happy New Year, money worries look set to remain high on the agenda with little to suggest that consumers" concerns will be alleviated anytime soon.

Already, a huge 95% of Irish adults admit to worrying about their finances. One in five (18%) say they"re always worried, while a quarter (25%) say they often are - just 5% say they never have any financial concerns.

As we head into 2018, this looks

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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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