Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Michelle Murphy SJI post budget analysis 16 oct 19

42 views

Published on

Michelle Murphy, Social Justice Ireland responds to aspects of Budget 2020

Published in: Economy & Finance
  • DOWNLOAD THAT BOOKS INTO AVAILABLE FORMAT (2019 Update) ......................................................................................................................... ......................................................................................................................... Download Full PDF EBOOK here { http://bit.ly/2m6jJ5M } ......................................................................................................................... Download Full EPUB Ebook here { http://bit.ly/2m6jJ5M } ......................................................................................................................... Download Full doc Ebook here { http://bit.ly/2m6jJ5M } ......................................................................................................................... Download PDF EBOOK here { http://bit.ly/2m6jJ5M } ......................................................................................................................... Download EPUB Ebook here { http://bit.ly/2m6jJ5M } ......................................................................................................................... Download doc Ebook here { http://bit.ly/2m6jJ5M } ......................................................................................................................... ......................................................................................................................... ................................................................................................................................... eBook is an electronic version of a traditional print book that can be read by using a personal computer or by using an eBook reader. (An eBook reader can be a software application for use on a computer such as Microsoft's free Reader application, or a book-sized computer that is used solely as a reading device such as Nuvomedia's Rocket eBook.) Users can purchase an eBook on diskette or CD, but the most popular method of getting an eBook is to purchase a downloadable file of the eBook (or other reading material) from a Web site (such as Barnes and Noble) to be read from the user's computer or reading device. Generally, an eBook can be downloaded in five minutes or less ......................................................................................................................... .............. Browse by Genre Available eBooks .............................................................................................................................. Art, Biography, Business, Chick Lit, Children's, Christian, Classics, Comics, Contemporary, Cookbooks, Manga, Memoir, Music, Mystery, Non Fiction, Paranormal, Philosophy, Poetry, Psychology, Religion, Romance, Science, Science Fiction, Self Help, Suspense, Spirituality, Sports, Thriller, Travel, Young Adult, Crime, Ebooks, Fantasy, Fiction, Graphic Novels, Historical Fiction, History, Horror, Humor And Comedy, ......................................................................................................................... ......................................................................................................................... .....BEST SELLER FOR EBOOK RECOMMEND............................................................. ......................................................................................................................... Blowout: Corrupted Democracy, Rogue State Russia, and the Richest, Most Destructive Industry on Earth,-- The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company,-- Call Sign Chaos: Learning to Lead,-- StrengthsFinder 2.0,-- Stillness Is the Key,-- She Said: Breaking the Sexual Harassment Story That Helped Ignite a Movement,-- Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones,-- Everything Is Figureoutable,-- What It Takes: Lessons in the Pursuit of Excellence,-- Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!,-- The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness,-- Shut Up and Listen!: Hard Business Truths that Will Help You Succeed, ......................................................................................................................... .........................................................................................................................
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
  • Be the first to like this

Michelle Murphy SJI post budget analysis 16 oct 19

  1. 1. Budget 2020 Reflections and Analysis NERI Seminar 16th October 2019 Michelle Murphy Research and Policy Analyst Social Justice Ireland W: www.socialjustice.ie T: @SocialJusticeI F: fb.me/SocialJusticeI
  2. 2. Budget 2020 – overall assessment • Overall people on lowest incomes left behind Social Welfare Minimum Wage • No real progress in major areas: Housing Environment Education – future funding Taxation • Contained some welcome developments © Social Justice Ireland W: www.socialjustice.ie T: @SocialJusticeI F: fb.me/SocialJusticeI
  3. 3. Budget 2020: some progress • Increase in stamp duty on non-residential property • Carbon tax increase • Ringfencing of increased carbon tax revenue • Brexit fund • Hot School Meals, Living Alone Allowance, JSA U26 and other small welfare changes • National Childcare Scheme • Special Needs Education © Social Justice Ireland W: www.socialjustice.ie T: @SocialJusticeI F: fb.me/SocialJusticeI
  4. 4. Budget 2020 and low income households © Social Justice Ireland W: www.socialjustice.ie T: @SocialJusticeI F: fb.me/SocialJusticeI
  5. 5. Brexit and low income households © Social Justice Ireland W: www.socialjustice.ie T: @SocialJusticeI F: fb.me/SocialJusticeI Percentage of Total Expenditure spent on Food, by income decile
  6. 6. Brexit and low income households • €892 - €1360 cost of living increase – No Deal. • Will be unevenly distributed low income households most exposed. • Food represents a large proportion of spending for bottom 40% Between 17% and 19% total expenditure • These households have the least capacity to absorb a large impact on their living costs. © Social Justice Ireland W: www.socialjustice.ie T: @SocialJusticeI F: fb.me/SocialJusticeI
  7. 7. Budget 2020: Social Welfare Rates © Social Justice Ireland W: www.socialjustice.ie T: @SocialJusticeI F: fb.me/SocialJusticeI Jobseekers Benefit (% of Avg Weekly Earnings) • €9 increase in B2020 was required to meet the benchmark of 27.5% average earnings • Welfare recipients will be left behind if rates don’t keep track with increases elsewhere in the economy • Budget largely ignored the social welfare system – largely ignores the living standards and needs of weakest in society
  8. 8. Minimum Wage and Low Pay © Social Justice Ireland W: www.socialjustice.ie T: @SocialJusticeI F: fb.me/SocialJusticeI • Low pay – 1 in 5 workers • Minimum Wage will be €2.50 below the Living Wage in 2020 • Living Wage = benchmark for minimum living standards for workers • In contrast with the ongoing increases in pay across the rest of society. • People on low pay left behind Low Pay Gap
  9. 9. Disability: no progress • More than one in three (35.4%) people with a disability live on an income below the poverty line and 26% live in consistent poverty. • Budget 2020 did not take the necessary steps to improve services and funding for this area e.g. home supports, respite care, investment in community care. • No move to introduce a cost of disability payment despite Government commissioning work on this issue in Budget 2019. • UNCRPD – no additional funding for implementation © Social Justice Ireland W: www.socialjustice.ie T: @SocialJusticeI F: fb.me/SocialJusticeI
  10. 10. Budget 2020 – housing and environment © Social Justice Ireland W: www.socialjustice.ie T: @SocialJusticeI F: fb.me/SocialJusticeI
  11. 11. Budget 2020: Housing • Expenditure on emergency accommodation has increased by 311% since 2014. • €440m in 31 local authority areas. • Focus is on HAP and private market reliance • Must move to prevention – and State construction of social and affordable homes. • Help to Buy subsidising inflation? © Social Justice Ireland W: www.socialjustice.ie T: @SocialJusticeI F: fb.me/SocialJusticeI
  12. 12. Budget 2020: Housing © Social Justice Ireland W: www.socialjustice.ie T: @SocialJusticeI F: fb.me/SocialJusticeI • 71,858 households on social housing waiting list • 77.5% are Single Adult Households (including 22,195 single parent households) • Most impacted by lack of social and affordable homes • “Affordable home” = 300k - €320k • Home ownership simply out of reach of most single adult households.
  13. 13. Budget 2020: Environment “Climate change is without doubt the defining challenge of our generation” – Minister Donohoe • Retrofitting? • Public Transport? • Environmental Subsidies? • Circular economy? • Just Transition? © Social Justice Ireland W: www.socialjustice.ie T: @SocialJusticeI F: fb.me/SocialJusticeI
  14. 14. Thank you © Social Justice Ireland W: www.socialjustice.ie T: @SocialJusticeI F: fb.me/SocialJusticeI

×