Derrick

Summary of Findings A new MyHome.ie report (October 2025) has revealed that average Irish house prices are now 8 times higher than the average annual salary. According to the report, inflation is also at the lowest it has been in two years. This does not mean, however, that house prices have stopped going up. It only

From today (7 October 2025) until 31 December 2030: Enhanced corporation tax deductions will also be introduced for: These apply to projects with a commencement notice between Oct 8, 2025, and Dec 31, 2030 Finance Minister Paschal Donohoe described this as a “social policy tool” and not just an economic one. In his words, Ireland

Key Takeaways Issue Impact Why It Matters Skills shortage Construction workforce down 67,000 compared to Celtic Tiger era Too few tradespeople to meet housing targets Wage inflation Wages up 10% in Q2 2025, plus 3.4% new sectoral increase Labour costs = 30–40% of build costs, driving up house prices Zoning delays Councils slow to rezone

Key Takeaways Area What We Know Potential Impact Budget size €9.4 billion total €7.9bn spending, €1.5bn tax cuts Cost-of-living supports No one-off payments this year Focus shifts away from short-term relief Taxes Likely rise in higher-rate income tax threshold or USC cut Slightly more take-home pay for workers Welfare Supports targeted at vulnerable households Some