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Seamus Coffey, chair of the Irish Fiscal Advisory Council discusses their latest report which warns that spending is growing faster than the sustainable growth rate of the economy.
Public spending is growing faster than the sustainable growth rate of the economy, according to the latest assessment by the Irish Fiscal Advisory Council. To discuss the assessment findings was Niall Conroy, Senior Economist, IFAC.
The Irish Fiscal Advisory Council, or Ifac, have criticised current Government spending, and have warned that we will need to borrow money if we are to invest in wealth funds.Joining Ciara to discuss is Ifac's Chairperson and Lecturer of Economics in UCC, Seamus Coffey.
Public spending is growing faster than the sustainable growth rate of the economy, according to the latest assessment by the Irish Fiscal Advisory Council. To discuss the assessment findings was Niall Conroy, Senior Economist, IFAC.
Leigh Stallard is joined by Lara Manton and Robbie White for a packed episode recorded in the wake of Accountex 2026. Between them they cover eight stories spanning practice management, bookkeeping automation, MTD, AI strategy and the long-running question of what an accountant is actually for. Duane Jackson's Sodium has moved to general availability. It is API-first, built around a single client record and designed with AI integrated from the start rather than bolted on later. Leigh frames the real challenge not as product quality but as firm inertia: practice management is the Lego wall nobody wants to dismantle, and a golden brick is only useful if someone is prepared to pull the old ones out. Lara and Robbie both know from experience how painful that process is, and the conversation turns quickly to whether AI-assisted migration might eventually lower the barrier. Apron's William AI is now generally available, having launched in beta in March. Lara walks through what it actually does: connecting to client email inboxes, extracting and categorising documents, publishing to Xero or QuickBooks, and flagging anything it is not confident about. The auto-publish toggle defaults off and needs firm-specific guidance rules to reach its potential. The beta hit 50% autonomous publish rate; the GA pitch is 90% for firms that put the configuration work in. Robbie leads on the Xero and Claude integration, which went live globally on 12 May. Early practitioner testing found it read-only, limited to account-level data and prone to missing transactions. Leigh and Lara discuss what it means that the major general ledgers are simultaneously embedding AI inside their own products and surfacing their data inside the large language models. Intuit's intelligence layer across QuickBooks covers AI-powered chat, portfolio benchmarking and a capability that appears pointed directly at end clients. Lara raises the concern that clients with incomplete books could get confident-sounding answers to questions they should be asking their accountant instead. Lara covers the QuickBooks AI-powered MTD checker, which flags duplicates, missing transactions and non-trading income sources before submission. QuickBooks claims the highest cumulative MTD pilot sign-ups during HMRC's testing period. Robbie welcomes it as a live use case rather than a theoretical one. Robbie covers Combinely, the browser-based AI co-worker backed by YC and OpenAI. Early UK adopters include Burgess Hodgson, where it handled 2,600+ tasks across December and January with a reported 75% reduction in income and expenditure creation time. Leigh raises the structural tension: a tool that sits on the periphery of a workflow is easy to adopt and equally easy to quietly drop. Lara covers FreeAgent's integration with Equali, pulling e-commerce data from Shopify into FreeAgent for reconciliation and categorisation, and notes FreeAgent's incoming Apron partnership as part of a broader push beyond its freelancer roots. The episode closes on the Accountex panel from ICAEW, ACCA and IFAC. The fat middle concern runs through the final section: AI handling transactional work, hollowing out the junior pipeline and, with it, the intuition that comes from years of doing the basics. Robbie's view is that AI will eventually learn the human stuff too. The question is what accountants do with the time that creates. Chapter list 00:00 Introduction and Overview of Topics 04:00 The Launch of Sodium: A New Practice Management Tool 08:25 Apron's William AI: Enhancing Document Management 12:44 General Ledgers and AI Strategies 23:31 QuickBooks AI-Powered MTD Checker Flags Errors Before Submission, Not After 27:18 Combinely's AI Co-Worker Handles 2,600+ Tasks in a Month for Early UK Firm Adopters 30:45 FreeAgent's E-Commerce Expansion 36:09 The Future of Accountancy: AI and Brand Perception
In deze aflevering: • Waarom internal audit veel meer is dan controleren achteraf • Governance, cultuur en menselijk gedrag • De nieuwe Verklaring Omtrent Risicobeheersing (VOR) • De spanning tussen onafhankelijkheid en business partnership • AI en de toekomst van internal audit • ESG en risicobeheersing • Internationale ontwikkelingen via IFAC • Diversiteit en verschillende perspectieven binnen teams • Adviezen voor jonge accountants en auditors Gast: Esther Bosch Chief audit executive en riskmanager Actief binnen IFAC en voormalig voorzitter van de NBA-ledengroep voor intern en overheidsaccountants (LIO) Links: NBA-brochure over de Verklaring omtrent Risicobeheersing (VOR)
On this week's episode of Inside Business, host Ciarán Hancock speaks to Mayo entrepreneur Ciaran Crean. Ciaran is co-founder of Micksgarage.com, a business founded in 2004 selling car parts online. There have been a few bumps on the road since its foundation, but Micksgarage is currently in growth mode and has spun out a couple of businesses. One of those is WaveOMS, which provides software to Irish retailers looking to fulfil their online orders. Plus, IFAC chairman Seamus Coffey discusses the Government's €505 million package of supports in response to last week's fuel protests around the country. Is this money well spent? Will it be enough if the Middle East conflict drags on? And is it now a case that those who shout loudest will be appeased by the Government?Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
On this week's episode of Inside Business, host Ciarán Hancock speaks to Mayo entrepreneur Ciaran Crean. Ciaran is co-founder of Micksgarage.com, a business founded in 2004 selling car parts online. There have been a few bumps on the road since its foundation, but Micksgarage is currently in growth mode and has spun out a couple of businesses. One of those is WaveOMS, which provides software to Irish retailers looking to fulfil their online orders. Plus, IFAC chairman Seamus Coffey discusses the Government's €505 million package of supports in response to last week's fuel protests around the country. Is this money well spent? Will it be enough if the Middle East conflict drags on? And is it now a case that those who shout loudest will be appeased by the Government?Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
Ciara Leahy is joined by Aidan Brennan, Paul Mooney, Peter McCann and IFAC's Philip O'Connor to discuss in depth the main findings from the Irish Farmers Journal Agricultural Land Price Report 2025.Looking at trends across the country. Hosted on Acast. See acast.com/privacy for more information.
Seamus Coffey, Chair of the IFAC, discusses the very high level of corporation tax paid by just three multinationals.
Opposition seizes on SNA review which Government pauses, IFAC issues warnings again on corporation tax and another Siege of Limerick?
Just three companies accounted for nearly half of Ireland's tax receipts, according to the latest research from the Irish Fiscal Advisory Council. Anton discussed the findings with Niall Conroy a Senior Economist at the IFAC.
Just three companies accounted for nearly half of Ireland's tax receipts, according to the latest research from the Irish Fiscal Advisory Council. Anton discussed the findings with Niall Conroy a Senior Economist at the IFAC.
Join Ciara Leahy, Paul Mooney, Aidan Brennan, Peter McCann and IFAC's Philip O'Connor as they discuss the comprehensive Irish Farmers Journal Agricultural Land Price Report for 2025. This is a trailer - to listen to the podcast in full go to www.irishfarmersjournal.ie/my-podcasts Hosted on Acast. See acast.com/privacy for more information.
O procurador-geral de Justiça do Ministério Público do Estado do Acre (MPAC), Danilo Lovisaro do Nascimento, participou, nesta terça-feira, 9, da cerimônia de abertura do X Congresso de Ciência e Tecnologia do Instituto Federal do Acre (Ifac). A solenidade ocorreu na sede da Reitoria do Instituto e reuniu professores, pesquisadores, estudantes e representantes de instituições parceiras.
How can we attract more accountants and future-proof the profession? In this episode we take a deep dive with IFAC into this pressing question. You'll learn about accounting's talent pipeline – its challenges and possible solutions. Key takeaways include: What's really driving the talent shortage and how firms, educators and policymakers can respond. Simple ways to position accounting as a dynamic, valued career choice. Why reaching future accountants in primary school – and harnessing gamification – sparks lifelong curiosity. How AI is reshaping (not replacing) accounting jobs, and what skillsets are essential for today's graduates. Real-world strategies to build an engaged and future-proofed accounting team. If you're in business or accounting leadership, don't miss these actionable insights to help understand and elevate the profession's future. Host: Elinor Kasapidis, Chief of Policy, Standards and External affairs, CPA Australia Guest: Bruce Vivian, Head of Accountancy Education, IFAC You can learn more about Bruce Vivian's career and his role with IFAC. And read IFAC's story on possible incentives for attracting accounting talent. Also, check out IFAC's website for its attractiveness of the profession hub which includes resources on preparing a future-ready profession and roles for the next decade. You can listen to more With Interest episodes and other CPA Australia podcasts on YouTube. CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance, and accounting: With Interest INTHEBLACK INTHEBLACK Out Loud Excel Tips Search for them in your podcast platform. Email the podcast team at podcasts@cpaaustralia.com.au
On this week's episode of Inside Business, host Ciarán Hancock is joined by Chairman of the Irish Fiscal Advisory Council (Ifac) Seamus Coffey to discuss his concerns on how the Government is spending our corporation tax windfall.Ifac were this week in front of the Oireachtas Budgetary Committee giving its view on how that windfall is being spent. The corporation tax receipts for November topped €10 billion, the highest figure ever generated in a single month, with the overall figure for the year expected to hit a record €32 billion.Ifac argues that the Government is not saving enough of this bounty for a rainy day. Just 15 per cent of the projected €34 billion of corporation tax receipts for next year will effectively be squirreled away. That is just half the level of this year and was described as “risky” by Ifac.This week Fiona Reddan was writing about 50-year mortgages and posed the question as to whether they might be a solution to help first-time buyers here get on the property ladder.Donald Trump has described them as a potential “game changer”, but are they a good idea?Joey Sheahan is head of credit at MyMortgages.ie and he joined Ciarán to outline whether 50-year mortgages were worth considering here.Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
On this week's episode of Inside Business, host Ciarán Hancock is joined by Chairman of the Irish Fiscal Advisory Council (Ifac) Seamus Coffey to discuss his concerns on how the Government is spending our corporation tax windfall.Ifac were this week in front of the Oireachtas Budgetary Committee giving its view on how that windfall is being spent. The corporation tax receipts for November topped €10 billion, the highest figure ever generated in a single month, with the overall figure for the year expected to hit a record €32 billion.Ifac argues that the Government is not saving enough of this bounty for a rainy day. Just 15 per cent of the projected €34 billion of corporation tax receipts for next year will effectively be squirreled away. That is just half the level of this year and was described as “risky” by Ifac.This week Fiona Reddan was writing about 50-year mortgages and posed the question as to whether they might be a solution to help first-time buyers here get on the property ladder.Donald Trump has described them as a potential “game changer”, but are they a good idea?Joey Sheahan is head of credit at MyMortgages.ie and he joined Ciarán to outline whether 50-year mortgages were worth considering here.Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
Fainic eile ó IFAC faoi easpa pleanála buiséid an rialtais.
“Flying Blind" Government spending “like there's no tomorrow” thats the latest assessment of the government's money management by the Irish Fiscal Advisory Council. Fianna Fail Senator Dee Ryan, Labour Senator Nessa Cosgrove, Independent Ireland TD Michael Fitzmaurice and Paul Hosford Political Editor, Irish Examiner
Pharma giant Eli Lilly manufactures the ingredients for its weight-loss drug Mounjaro and its diabetes drug Zepbound in Kinsale, Co Cork.The Irish Fiscal Advisory Council (Ifac) has found that the unprecedented surge in Irish exports this year (exports to the US rose by 153 per cent to €71bn between January and May) was almost entirely driven by shipments of these ingredients.Ifac tracked about €36.4bn of this export surge to Indianapolis, where Eli Lilly is headquartered and where it has several manufacturing sites.The jump in exports is expected to see the Irish economy expand by almost 11 per cent in GDP terms this year, which is almost certain to make it the fastest-growing advanced economy in the world in 2025.So with such an over-reliance on foreign direct investment, notably in the pharma sector, at a time of tariff threats and uncertainty, how vulnerable is Ireland?Irish Times economics correspondent Eoin Burke-Kennedy explains.Presented by Bernice Harrison. Produced by Suzanne Brennan and Andrew McNair. Hosted on Acast. See acast.com/privacy for more information.
O Ministério Público do Estado do Acre (MPAC) participou, nesta segunda-feira, 10, de uma sessão solene realizada na Assembleia Legislativa do Acre (Aleac), em homenagem aos 15 anos de existência do Instituto Federal de Educação, Ciência e Tecnologia do Acre (Ifac).
Tá sé ráite ag Comhairle Fhioscach Chomhairleach na hÉireann, IFAC, go bhfuil baol air go mbeidh staid airgeadais na tíre i gcontúirt mar go bhfuil an Stát ag caitheamh níos mó airgid ná an méid atá ag teacht isteach.
Members of the Councils of the Institute of Chartered Accountants of the Eastern Caribbean (ICAEC) recently participated in the inaugural International Federation of Accountants (IFAC)–International Bar Association (IBA) Professional Body Anti-Money Laundering Capacity Building Workshop, held in the Cayman Islands from October 28 to 30, 2025. Andrea St. Rose, President of the ICAEC, and Joanne Cooper, Public Relations Officer, represented Saint Lucia. The three-day workshop brought together accounting and legal professionals from across the region to strengthen their role as “gatekeepers” in the global fight against money laundering, terrorist financing, and proliferation financing. Experts from the Financial Action Task Force (FATF), Caribbean Financial Action Task Force (CFATF), IFAC, IBA, and the World Bank provided valuable insights and best practices to enhance professional vigilance and compliance. Key areas of focus included beneficial ownership transparency and the responsibilities of Designated Non-Financial Businesses and Professions (DNFBPs) such as lawyers and accountants in upholding international standards and protecting the integrity of financial systems. Following the workshop, the ICAEC Saint Lucia Branch reaffirmed its commitment to collaborate with the Financial Intelligence Unit (FIU), the National Anti-Money Laundering Oversight Committee (NAMLOC), and other regulatory bodies to promote awareness, strengthen professional capacity, and educate members and the public as Saint Lucia prepares for the upcoming 5th Round Mutual Evaluation.
Seamus Coffey, Chairperson of the Irish Fiscal Advisory Council, discusses the new budget.
Canlı yayında ilgimizi çeken haber ve videoları yorumluyoruz, boş yapmak için fırsat kolluyoruz.
Breaking Barriers: Svetlana Winters' Journey from Russia to CFO in American Oil & Gas In this episode, we sit down with Svetlana Winters, CFO at Alteriver, whose journey from Russia to the executive boardroom of a U.S. oil & gas company is nothing short of inspiring. Svetlana shares how she left a top finance role in Russia to start over in the United States—facing language barriers, cultural challenges, and the uphill climb of rebuilding her career from the ground up. Her story is a testament to perseverance, adaptability, and the strength required to thrive in male-dominated industries. Key Insights You'll Learn Starting Over with Courage: How Svetlana navigated language and cultural barriers while rebuilding her career in a new country. Leadership in Oil & Gas: The realities of being a woman leader in a highly male-dominated sector—and how she earned respect through expertise and resilience. The CFO's Role Beyond Numbers: Why financial leadership is about relationships, trust, and proactive decision-making, not just balance sheets. Building Trust as a Leader: Svetlana's three-part formula for becoming a trusted advisor: build credibility through action, anticipate needs, and communicate with clarity. Global Lessons in Leadership: The cultural differences in management styles she's observed across Russia, the U.S., and beyond—and how they've shaped her approach. Svetlana's journey shows that even when you have to start over, determination, strategy, and a positive outlook can take you to the very top.
We know the government is planning a package of €9.4 billion for Budget 2026 – including €7.9 billion in additional public spending and €1.5 billion in the tax package, but is that a good idea? In the past few weeks, both IFAC - which advises the Government on fiscal matters - and the ESRI have advised the Government of the dangers of overheating the economy at a time of economic uncertainty. Joining Bobby to run through it all is economist, Dan O'Brien.
How can we attract more accountants and future-proof the profession? In this episode we take a deep dive with IFAC into this pressing question. You'll learn about accounting's talent pipeline – its challenges and possible solutions. Key takeaways include: What's really driving the talent shortage and how firms, educators and policymakers can respond. Simple ways to position accounting as a dynamic, valued career choice. Why reaching future accountants in primary school – and harnessing gamification – sparks lifelong curiosity. How AI is reshaping (not replacing) accounting jobs, and what skillsets are essential for today's graduates. Real-world strategies to build an engaged and future-proofed accounting team. If you're in business or accounting leadership, don't miss these actionable insights to help understand and elevate the profession's future. Host: Elinor Kasapidis, Chief of Policy, Standards and External affairs, CPA Australia Guest: Bruce Vivian, Head of Accountancy Education, IFAC You can learn more about Bruce Vivian's career and his role with IFAC. And read IFAC's story on possible incentives for attracting accounting talent. Also, check out IFAC's website for its attractiveness of the profession hub which includes resources on preparing a future-ready profession and roles for the next decade. You can listen to more With Interest episodes and other CPA Australia podcasts on YouTube. CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance, and accounting: With Interest INTHEBLACK INTHEBLACK Out Loud Excel Tips Search for them in your podcast platform. Email the podcast team at podcasts@cpaaustralia.com.au
This week on Taking Stock Susan Hayes Culleton looks at how agentic AI is changing and maybe making customer service a lot poorer when she talks to Elaine Burke of the ‘For Tech's Sake' Podcast and Ecommerce expert Vinny O'Brien.With an eventful week for the Murdoch Family, Susan talks to Hannah Miller of Bloomberg about their new ‘succession' plan.Plus, in a week where the Irish Fiscal Advisory Council tells government to slow down on spending, Susan talks to IFAC chairman Seamus Coffey.
Ireland's economy continues to perform well – so the Government does not need to continue pumping money into the economy. That's according to the Irish Fiscal Advisory Council in their pre-Budget Submission. Niall Conroy, acting chief economist at IFAC joined us on Newstalk Breakfast this morning.
Niall Conroy, Acting Chief Economist for the Irish Fiscal Advisory Council, discusses their latest report which warns that the country faces major spending pressures from an ageing population.
Ireland's public finances are benefitting from a young population and a strong economy. But it's important to start preparing the coffers for an older population and more pension. That's according to the latest report from IFAC, and we heard from Niall Conroy, Author of the report and Acting Chief Economist of IFAC.
Seamus Coffey, Chair of the Fiscal Advisory Council, outlines Government overruns on spending as set out in the Budget.
In this episode of the PFC Podcast, host Dennis engages with Andy Fisher to discuss the controversial topic of needle decompression in Individual First Aid Kits (IFACs). They explore the historical context of IFAC contents, the effectiveness of needle decompression, and the challenges in identifying tension pneumothorax in the pre-hospital setting. The conversation also delves into the training and decision-making processes in combat medicine, assessment techniques for pneumothorax, and potential alternatives to needle decompression. In this conversation, the speakers delve into the evolving perspectives on thoracostomy and its application in pre-hospital settings, particularly in combat medicine. They discuss the implications of tension physiology in hemothorax and the prevalence of massive hemothorax in recent years. The conversation also revisits treatment protocols for chest injuries, emphasizing the need for a shift towards simple thoracostomy over needle decompression. Finally, they evaluate the use of pigtail catheters versus traditional chest tubes, weighing the pros and cons of each in emergency situations.TakeawaysNeedle decompression is debated in the context of IFACs.Historical context shows that needle decompression was not originally included in official DOD lists.Hemorrhage is the leading cause of mortality in trauma cases.Tension pneumothorax is rare, occurring in only 1.1% of cases.Identifying tension pneumothorax in pre-hospital settings is challenging.Medics should rely on objective data for decision-making.Training often prioritizes speed over thorough assessment.Prophylactic interventions for tension pneumothorax may not be effective.Chest tubes are not always life-saving interventions.Exploring alternatives like finger thoracostomy may be beneficial. Evolving views on thoracostomy emphasize its selective use.Needle decompression may be overused in practice.Tension physiology can occur with blood accumulation in the chest.Massive hemothorax is increasingly recognized in trauma cases.Up to 49% of combat casualties require chest tubes.Simple thoracostomy should be prioritized over needle decompression.Patient monitoring is crucial in pre-hospital settings.Pigtail catheters may not be suitable for pre-hospital use.Chest tubes are preferred for their reliability in emergencies.Comfort for the patient is important but should not compromise urgent care.Chapters00:00 Introduction to the Podcast and Guest01:01 Debate on Needle Decompression in IFACs03:20 Historical Context of IFAC Contents06:40 Effectiveness of Needle Decompression09:09 Challenges in Identifying Tension Pneumothorax12:00 Training and Decision-Making in Combat Medicine16:21 Assessment Techniques for Pneumothorax21:29 Interventions for Tension Pneumothorax25:19 Exploring Alternatives to Needle Decompression25:50 Evolving Perspectives on Thoracostomy31:38 Understanding Tension Physiology in Hemothorax36:41 Revisiting Treatment Protocols for Chest Injuries43:12 Evaluating Pigtail Catheters vs. Chest TubesThank you to Delta Development Team for in part, sponsoring this podcast.deltadevteam.comFor more content, go to www.prolongedfieldcare.orgConsider supporting us: patreon.com/ProlongedFieldCareCollective or www.lobocoffeeco.com/product-page/prolonged-field-care
*Bu bölüm Hiwell hakkında reklam içerir. Sadece israf olmasın diye sevmediğim yemekleri zorla yediğimin farkına vardığım aydınlanma, artık iltifat kabul etmeye karar vermeme sebep olan olay, Bali'de gittiğim şifacının söylediklerinden cebime koyduklarım ve hayatımdaki tüm yeni gelişmeler bu bölümde. Hiwell'den faydalanmak için tıklayın: https://hiwell.app/-merdivenalti-terapi-hHiwell'de ilk seansınız aşağıdaki kodla sadece 299 TL! Kod: merdiven299 Daha önce seans satın almış ve yeniden almak isteyenler için indirim kodu: 15merdiven
Eddie Casey, chief economist with the Irish Fiscal Advisory Council (IFAC)
John McHale, Professor of Economics at Univerity of Galway, and Former Chair of IFAC, looks ahead to what might happen if the US goes ahead with plans to place tariffs on EU goods.
The Irish Farmers Journal have launched its Land Price Report for 2024. Join host and editor of Irish Country Living Ciara Leahy, Land Report Editor Paul Mooney and Rural Affairs Journalist Jacqueline Hogge as they are joined by Martin Clarke, Commercial Manager at IFAC to discuss its findings. They bring their insights to the price of land across the country and talk about building homes in rural Ireland. Hosted on Acast. See acast.com/privacy for more information.
Seamus Coffey Chairperson of the Irish Fiscal Advisory Council discusses their latest financial assessment report.
Ba chóir go leagfaidh an chéad rialtas eile síos rialacha chaiteachais agus cloí leo, má tá siad chun an brú a thiocfas sa gcéad géarchéim eacnamaíochta eile a laghdú. Sin de réir tuarascáil IFAC atá foilsithe inniu.
“Ireland is in a favourable position. But a lot depends on how the next government budgets and how it manages corporation tax.” - that's according to a new report from the Irish Fiscal Advisory Council. We discuss the findings of this recent report with Seamus Coffey, Chairperson of IFAC.
John McHale, Professor of Economics at the University of Galway, and Former Chair of IFAC, discusses the economic impact of some of the promises made my parties as part of the election campaign.
Niall Conroy, senior economist at the Irish Fiscal Advisory Council, discusses their report on Ireland's infrastructure needs.
A Clare Architect claims introducing artificial intelligence to the planning system and imposing strict conditions on all state contractors is the only way to catch up with gaping housing, health, electricity and transport deficits. A new report published today by the Irish Fiscal Advisory Council has found Ireland may need as many as 80,000 construction workers over the next decade to meet demand but that only 20,000 will be required with improved productivity. IFAC also determined the country is lagging behind European counterparts, by not embracing modern building methods such as modular housing, and that uncertainy around planning is leading to delays and increased project costs. Ogonelloe Architect and Lecturer at the Department of Architecture at the South East Technological University Garry Miley has been telling Clare FM's Daragh Dolan that a housing boom is very possible with the right approach.
Guest: Abdullah Masum Founder & Director, IFA Consultancy - IFAC & Yusuf Sultan Founder & CEO @Adl Advisory & Co-Founder & Director, IFA Consultancy - IFAC In this episode of Two Cents Podcast, we dive into the current economic system in Bangladesh and the pressing issues surrounding Islamic banking. Our guests, Abdullah Masum, Founder & Director of IFA Consultancy (IFAC), and Yusuf Sultan, Founder & CEO of Adl Advisory and Co-Founder & Director of IFAC, bring their expertise to shed light on these critical topics.
Economist and commentator Chris Johns talks to Eamon about the forthcoming budget, warnings from IFAC, Minister Paschal Donohoe's speech at London's Guild Hall as President of the Eurogroup, and Mario Draghi's report on EU competitiveness.Recorded on Monday 9th September 2024. Become a member at https://plus.acast.com/s/the-stand-with-eamon-dunphy. Hosted on Acast. See acast.com/privacy for more information.
Still drowning in cash, the new Finance Minister is warned by IFAC, yet again, not to spend it. Are the fiscal giveaways of past budgets really costing each household €1000 a year? Amidst all the cries of 'they are windfall taxes' it's forgotten that capital investment is - or should be - very different to current spending. We used to argue about borrowing for investment purposes - economists have always pointed that that borrowing for investment is perfectly ok, provided the return on that investment is higher than the cost. Now, some seem to be arguing that spending money that we already have, windfall or otherwise, still shouldn't be spent, even on high return projects. There's crying wolf and then just being daft.GDP data is all over the place and has defeated us. Exchequer returns and other data point to an economy still growing although not one that is overheating. Tax revenues are booming and unemployment is down again. Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns. Hosted on Acast. See acast.com/privacy for more information.
Is Keir Starmer already getting lucky? Only one month's data, but GDP growth smashed estimates in May.US and Irish inflation down again.IFAC warns about an 'overheating' risk to the Irish economy. Why we should all, in fact, get to love overheating.Nvidia, AI & the US stock market: amazing growthBiden is losing his friends. He should make Kamala Harris President now.Orban has a very dodgy group of friends. Poland is getting nervous. Reform. We note that the infighting looks to have begun Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns. Hosted on Acast. See acast.com/privacy for more information.
The Irish Fiscal Advisory Council's latest report has reiterated their stance that government spending plans risk overheating an economy already at full capacity. Is their plea for caution correct given the corporation tax receipt bonanza that shows little sign of abating in the short-term?Niall Conroy is chief economist with IFAC and he joined host Cliff Taylor on this episode of Inside Business to air the council's concerns.Plus, there is likely to be a rise in workplace audits after Revenue state commissioned freelance work will ‘generally' indicate person should be treated as an employee. So, how do you know if you are a freelancer or a company employee? Irish Times journalist Laura Slattery and head of employment law at Addleshaw Goddard, Maura Connolly give some insight into Revenue's guidance on the issue.#Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.