I rarely meet any of these people with an average household income of 75,000.
Most people I know are just about getting by.

All well and good if you have a tracker. :(

I WISH we had 75k coming into this household! Any perceived increase in disposable income will be wiped off the board by the budget… And hogans ‘fairer’ property tax when it replaces the current flat charge will still mean an increase in 100s for those with the lowest value houses! Fair my @ss!

With ulster bank; they don’t pass on the rate cuts. So no gain for me if the ECB cuts rates. But at least I have the comfort in knowing that my money is helping an organised and efficient bank….oh wait

What an absolute load of S****! Does this even take into account expenses such as life insurance, upcoming household taxes ect that home owners have to pay. I rent and I’m much better off than my parents who have a mortgage, I also have the option of just moving to somewhere cheaper if my income should suddenly change. Anyways most people are on mortgages that won’t see the banks pass down these interest rate cuts so that’s crap! I was also shocked to find out that when the figures are released saying how many people are in mortgage difficulty, this figure doesn’t actually include people that have an agreement with their bank to pay less ect, despite the fact they have arrears of thousands building up – so the figures for those struggling is much much higher than what we’re told – now that’s alot of people not on 75,000!

The average income for someone with a mortgage was just over €75,000! Where do they get there figures from?

I’m sure they’ll figure out a way of getting it from us

Ulster bank have us by the ba@ls..they have the highest variable rate and don’t pass on cuts…

Those of us with the PTSB were greatful for their recent interest rate reduction. What they had been charging, over 5% and for a long time was an outrage, it was little wonder so many of their customers were in trouble. On a relatively low mortgage, the difference to me was almost 80 a month, God knows what those on massive mortgages will save. I can not for the life of me understand this interest rate lark, why, when most people borrowed on say 3.5 to 4.5 % can banks raise interest on money already borrowed and probably at much lower rates we the consumer are charged. One solution to the mortage arrears crisis is a setting of a fixed interest rate and perhaps payments that are fair and equitable for both consumers and banks. At least mortgage holders have a level playing field and definitive outgoing each month. I may be niaeve but its only a suggestion.

They gonna push for another minimum wage reduction on this probably!!

NORMAL SPENDING WITH 23% VAT on top for government?nWe’re not all millionaires (anymore).n

I’m on a sub lender huge interest on my mortgage can’t do a think and it variable rate too!!!

Meanwhile, Phil Hogan has taken steps to introduce a property tax on council house tenants… Take it from the no voters and give it back to the yes voters!

These are the very people who only care about their cash-cow and voted yes. When you are a profligate spender, you must live with the consequences. The debtors need a lesson with moral hazard. These people never protest on the streets yet they voted yes to the fiscal treaty. They are most likely supporters of Fine Gael.