Your Moneyhttps://www.rte.ie/news/your-money/en-ieRTÉ 2025-RTÉ Commercial Enterprises Ltd, Registration No: 155076, Donnybrook, Dublin 4, Ireland.Tue, 24 Jun 2025 11:12:04 +010071% of Irish consumers worry about the cost of foodhttps://www.rte.ie/news/business/2025/0624/1520025-pwc-2025-irish-and-global-voice-of-the-consumer-study/More Irish consumers are worried about the cost of food prices than their global counterparts, according to the PwC Irish Voice of the Consumer studyTue, 24 Jun 2025 08:55:03 +0100https://www.rte.ie/news/business/2025/0624/1520025-pwc-2025-irish-and-global-voice-of-the-consumer-study/BusinessFirst time buyer homes and mortgages rise significantlyhttps://www.rte.ie/news/business/2025/0620/1519436-bpff-mortgage-report/One in three first time buyer (FTB) homes were valued over €400,000 in 2024, three times the 2019 share, according to the latest BPFI mortgage reportFri, 20 Jun 2025 08:56:25 +0100https://www.rte.ie/news/business/2025/0620/1519436-bpff-mortgage-report/BusinessHolidaymakers urged to be on high alert for travel scamshttps://www.rte.ie/news/business/2025/0618/1519082-holidaymakers-urged-to-be-on-high-alert-for-travel-scams/Consumers are being warned to be on high alert for a seasonal rise in scams linked to last-minute travel and holiday deals.Wed, 18 Jun 2025 11:01:13 +0100https://www.rte.ie/news/business/2025/0618/1519082-holidaymakers-urged-to-be-on-high-alert-for-travel-scams/BusinessMinimum standard of living costs up almost 20% since 2020https://www.rte.ie/news/ireland/2025/0617/1518808-standard-of-living-costs/Essential minimum living costs increased by 1.8% in the past year with a cumulative increase of 18.8% nationally since 2020.Tue, 17 Jun 2025 00:00:00 +0100https://www.rte.ie/news/ireland/2025/0617/1518808-standard-of-living-costs/IrelandILCU loan book passes €6bn for first time since 2008https://www.rte.ie/news/business/2025/0617/1518855-ilcu-lending-mortgages/The combined loan book of Irish League of Credit Unions members surpassed €6 billion by the end of March.Tue, 17 Jun 2025 09:27:26 +0100https://www.rte.ie/news/business/2025/0617/1518855-ilcu-lending-mortgages/BusinessRecord 80 million card transactions in May - AIBhttps://www.rte.ie/news/business/2025/0616/1518664-aib-spend-trend-for-may-2025/The latest AIB Spend Trend for May shows that overall spending increased 9% year on year and 2% month on month.Mon, 16 Jun 2025 09:12:11 +0100https://www.rte.ie/news/business/2025/0616/1518664-aib-spend-trend-for-may-2025/BusinessHousehold saving rate slows to 14% in first quarterhttps://www.rte.ie/news/business/2025/0612/1518128-cso-savings-rate/New figures from the Central Statistics Office show that households saved 14% of their income in the first three months of this year.Thu, 12 Jun 2025 13:53:11 +0100https://www.rte.ie/news/business/2025/0612/1518128-cso-savings-rate/BusinessSignificant drop in people buying health insurance - HIAhttps://www.rte.ie/news/ireland/2025/0611/1517766-health-insurance/There has been a significant drop-off in the number of people buying health insurance, according to new figures from the Health Insurance Authority.Wed, 11 Jun 2025 06:01:01 +0100https://www.rte.ie/news/ireland/2025/0611/1517766-health-insurance/Ireland'Resilient' consumer spending in May - Bank of Irelandhttps://www.rte.ie/news/business/2025/0611/1517839-bank-of-ireland-card-spending-figures/New figures from Bank of Ireland show that debit and credit card spending rose by 6.5% year on year in May, which was well ahead of the rate of inflation of 2%.Wed, 11 Jun 2025 10:38:02 +0100https://www.rte.ie/news/business/2025/0611/1517839-bank-of-ireland-card-spending-figures/BusinessHousehold net wealth up 29% between 2020 and 2023 - CSOhttps://www.rte.ie/news/business/2025/0611/1517858-household-net-wealth-up-29-between-2020-and-2023-cso/New figures from the Central Statistics Office show that the median net wealth value of Irish households was €256,900 in 2023 - an increase of €58,500 or 29% on the 2020 value of €198,400.Wed, 11 Jun 2025 11:47:52 +0100https://www.rte.ie/news/business/2025/0611/1517858-household-net-wealth-up-29-between-2020-and-2023-cso/BusinessQ&A: What's in the Government's rent control plans?https://www.rte.ie/news/2025/0611/1517832-q-a-rents-ronan-lyons/Professor of Economics at Trinity College Dublin and author of the Daft.ie Rent Report Ronan Lyons spoke to RTÉ's Morning Ireland about the Government's plan for national rent controls.Wed, 11 Jun 2025 11:26:35 +0100https://www.rte.ie/news/2025/0611/1517832-q-a-rents-ronan-lyons/IrelandIrish mortgage rates now fifth highest in euro areahttps://www.rte.ie/news/business/2025/0611/1517900-central-bank-mortgage-rates/Ireland had the fifth highest average interest rate on new mortgage agreements in the euro area in April, new figures from the Central Bank show today.Wed, 11 Jun 2025 14:38:29 +0100https://www.rte.ie/news/business/2025/0611/1517900-central-bank-mortgage-rates/BusinessSpike in 'safe account' scam warning - BOIhttps://www.rte.ie/news/business/2025/0606/1517043-spike-in-safe-account-scam-warning-boi/Bank of Ireland has issued a warning over what it calls a dramatic increase in reports and cases of attempted so-called 'safe account' scamsFri, 06 Jun 2025 10:26:37 +0100https://www.rte.ie/news/business/2025/0606/1517043-spike-in-safe-account-scam-warning-boi/BusinessBorrow-ito: Consumers taking on debt for a takeawayhttps://www.rte.ie/news/business/2025/0608/1517299-klarna-bnpl-debt/Consumers are taking out lines of credit to cover the cost of their chips, and it's getting some market experts worried, writes Adam Maguire.Sun, 08 Jun 2025 07:00:02 +0100https://www.rte.ie/news/business/2025/0608/1517299-klarna-bnpl-debt/BusinessPrivate pension contributions rose by 13.6% last yearhttps://www.rte.ie/news/business/2025/0606/1517065-cso-figures-private-pension-contributions/The number of people contributing to a private pension rose by 13.6% last year to more than 258,000, when compared with 2023Fri, 06 Jun 2025 12:13:46 +0100https://www.rte.ie/news/business/2025/0606/1517065-cso-figures-private-pension-contributions/BusinessAvant Money cuts mortgage rate below 3%https://www.rte.ie/news/business/2025/0605/1516838-avant-money-cuts-mortgage-rate-below-3/Avant Money has announced interest rate reductions on its new Flex Mortgage product, with rates now starting from just 2.98%.Thu, 05 Jun 2025 10:14:41 +0100https://www.rte.ie/news/business/2025/0605/1516838-avant-money-cuts-mortgage-rate-below-3/BusinessContactless payments up, ATM transactions down - BOIhttps://www.rte.ie/news/business/2025/0605/1516858-bank-of-ireland-insights/Thu, 05 Jun 2025 11:28:04 +0100https://www.rte.ie/news/business/2025/0605/1516858-bank-of-ireland-insights/BusinessBank of Ireland to cut 12 and 18-month deposit rateshttps://www.rte.ie/news/business/2025/0603/1516405-bank-of-ireland-deposit-rate-cuts/Bank of Ireland is to reduce the interest rate on its 12 and 18-month fixed-term deposits by 0.25% from this Thursday.Tue, 03 Jun 2025 10:13:12 +0100https://www.rte.ie/news/business/2025/0603/1516405-bank-of-ireland-deposit-rate-cuts/BusinessMoney Bags: How to get a handle on airline baggage costshttps://www.rte.ie/news/business/2025/0531/1516006-airline-flight-baggage/Staying on the right side of an airline's baggage policy can take work and planning, but failing to do so might end up costing you more than the price of the flight itself, writes Adam Maguire.Sat, 31 May 2025 07:00:02 +0100https://www.rte.ie/news/business/2025/0531/1516006-airline-flight-baggage/BusinessMortgage approvals continued to grow in April - BPFIhttps://www.rte.ie/news/business/2025/0530/1515834-bpfi-mortgage-approvals-report/There were 2,922 first-time buyer (FTB) approvals valued at almost €1 billion (€965m) in April, according to the latest figures from the Banking and Payments Federation of Ireland's Mortgage Approvals ReportFri, 30 May 2025 07:34:07 +0100https://www.rte.ie/news/business/2025/0530/1515834-bpfi-mortgage-approvals-report/BusinessHoliday, rent scams rising in 2025 - Bank of Irelandhttps://www.rte.ie/news/business/2025/0529/1515738-bank-of-ireland-warns-on-holiday-scams/Bank of Ireland is urging consumers to take extra care when making holiday bookings to avoid accommodation scams that typically increase over summer months.Thu, 29 May 2025 15:29:04 +0100https://www.rte.ie/news/business/2025/0529/1515738-bank-of-ireland-warns-on-holiday-scams/BusinessFuel prices drop in May, says AA Irelandhttps://www.rte.ie/news/business/2025/0530/1515848-aa-ireland-survey-shows-major-fuel-price-drop/Petrol and diesel prices dipped in May following a prolonged period of stability, according to the latest AA Ireland Fuel Price Survey.Fri, 30 May 2025 08:15:46 +0100https://www.rte.ie/news/business/2025/0530/1515848-aa-ireland-survey-shows-major-fuel-price-drop/BusinessCredit Unions boost dividends amid economic pressureshttps://www.rte.ie/news/business/2025/0528/1515397-rbk-chartered-accountss-credit-union-report/A new report shows that Credit Unions are demonstrating improved efficiency with declining wages-to-income ratios and stronger loan book growth.Wed, 28 May 2025 11:39:40 +0100https://www.rte.ie/news/business/2025/0528/1515397-rbk-chartered-accountss-credit-union-report/BusinessAre you being ripped off by the 'loyalty penalty'?https://www.rte.ie/brainstorm/2025/0604/1516572-loyalty-penalty-consumer-affairs-switching-banks-insurance-subscriptions/From banks to insurance, companies punish loyal consumers with higher prices, while new customers are rewarded with better dealsWed, 04 Jun 2025 07:09:23 +0100https://www.rte.ie/brainstorm/2025/0604/1516572-loyalty-penalty-consumer-affairs-switching-banks-insurance-subscriptions/Your MoneyMoney dysmorphia: When your mind tricks your wallethttps://www.rte.ie/news/business/2025/0525/1514523-money-dysmorphia-when-your-mind-tricks-your-wallet/You've got a steady income, a roof over your head, and maybe even some savings - but why does it never feel like enough?Sun, 25 May 2025 05:00:00 +0100https://www.rte.ie/news/business/2025/0525/1514523-money-dysmorphia-when-your-mind-tricks-your-wallet/BusinessAsking prices for rents move above €2,000 for first timehttps://www.rte.ie/news/business/2025/0519/1513583-asking-prices-rent/Average asking prices for rents nationally rose by 3.4% between January and March of this year, going above €2,000 for the first time, according to the latest report from property website Daft.Mon, 19 May 2025 00:30:00 +0100https://www.rte.ie/news/business/2025/0519/1513583-asking-prices-rent/BusinessSwitching could save mortgage holders €7,300 - doddl.iehttps://www.rte.ie/news/business/2025/0519/1513638-switching-could-save-mortgage-holders-7-300-doddl-ie/New figures show that the average new mortgage drawn down has surged by 82% over the past decade.Mon, 19 May 2025 09:47:49 +0100https://www.rte.ie/news/business/2025/0519/1513638-switching-could-save-mortgage-holders-7-300-doddl-ie/BusinessHow you could be hit by the Sim-swap fraud used to attack M&Shttps://www.rte.ie/brainstorm/2025/0515/1512968-marks-and-spencer-sim-swap-fraud-hackers-cyberattacks/The hackers behind the M&S cyberattacks used a little-known but dangerous technique – and anyone could be vulnerableThu, 15 May 2025 07:17:30 +0100https://www.rte.ie/brainstorm/2025/0515/1512968-marks-and-spencer-sim-swap-fraud-hackers-cyberattacks/technologyMany have low understanding of credit and borrowinghttps://www.rte.ie/news/business/2025/0515/1513059-many-have-low-understanding-of-credit-and-borrowing/Many Irish consumers have low understanding of credit and borrowing, new research shows.Thu, 15 May 2025 13:11:27 +0100https://www.rte.ie/news/business/2025/0515/1513059-many-have-low-understanding-of-credit-and-borrowing/BusinessRecord personal loans for car, home improvement in 2024https://www.rte.ie/news/business/2025/0516/1513129-record-2-5bn-worth-of-personal-loans-drawn-down-in-2024/A record €2.5 billion worth of personal loans were drawn down last year, including loans for cars, home improvement works, holidays and weddings.Fri, 16 May 2025 05:00:00 +0100https://www.rte.ie/news/business/2025/0516/1513129-record-2-5bn-worth-of-personal-loans-drawn-down-in-2024/BusinessAverage interest rate on new mortgages falls againhttps://www.rte.ie/news/business/2025/0514/1512797-central-bank-mortgage-interest-rates/New figures from the Central Bank show that the average interest rate on new mortgages in Ireland continued to fall to March.Wed, 14 May 2025 11:51:18 +0100https://www.rte.ie/news/business/2025/0514/1512797-central-bank-mortgage-interest-rates/BusinessIrish consumers slow to switch banks, report showshttps://www.rte.ie/news/business/2025/0514/1512822-most-consumers-havent-switched-main-bank-for-7-years/Over 60% of Irish customers have stayed with their main bank for over seven years, new research shows.Wed, 14 May 2025 13:33:17 +0100https://www.rte.ie/news/business/2025/0514/1512822-most-consumers-havent-switched-main-bank-for-7-years/BusinessNúa Money to cut mortgage, equity release product rateshttps://www.rte.ie/news/business/2025/0513/1512553-nua-mortgages-to-cut-rates/The newest mortgage lender in the State, Núa Money, has announced rate reductions across its residential mortgage and equity release products.Tue, 13 May 2025 09:18:18 +0100https://www.rte.ie/news/business/2025/0513/1512553-nua-mortgages-to-cut-rates/BusinessFirst Home Scheme extended to 2027, €30m more fundinghttps://www.rte.ie/news/business/2025/0513/1512592-more-funding-for-first-home-scheme/The Government has announced an additional €30m in funding and an extension to 2027 for the First Home Scheme (FHS).Tue, 13 May 2025 11:52:47 +0100https://www.rte.ie/news/business/2025/0513/1512592-more-funding-for-first-home-scheme/BusinessConsumer spending levels up 11% in April - AIBhttps://www.rte.ie/news/business/2025/0512/1512351-aib-spend-trend-report/April saw continued strong consumer spending levels, up 11% on the same time last year, the latest AIB Spend Trend survey reveals, with online spending rising by 16% while in-store spend was up 6%.Mon, 12 May 2025 07:54:09 +0100https://www.rte.ie/news/business/2025/0512/1512351-aib-spend-trend-report/BusinessMotor insurance costs up 9% in first half of last yearhttps://www.rte.ie/news/2025/0507/1511437-motor-insurance/The average cost of a motor insurance policy increased by 9% (€49) during the first half of last year, when compared with the first six months in 2023.Wed, 07 May 2025 00:00:00 +0100https://www.rte.ie/news/2025/0507/1511437-motor-insurance/BusinessBank of Ireland introduces voluntary gambling blockshttps://www.rte.ie/news/business/2025/0507/1511505-bank-of-ireland-gambling-block/Bank of Ireland has introduced voluntary blocks on debit cards for customers who want to stop using gambling operators.Wed, 07 May 2025 10:49:48 +0100https://www.rte.ie/news/business/2025/0507/1511505-bank-of-ireland-gambling-block/BusinessDelays over smart meter data access 'disappointing'https://www.rte.ie/news/ireland/2025/0430/1510222-smart-meter-data/The Climate Change Advisory Council is calling on the Government to make the legal and regulatory changes needed so customers can easily access their smart meter data to help lower electricity bills and reduce peak electricity demand.Wed, 30 Apr 2025 01:18:36 +0100https://www.rte.ie/news/ireland/2025/0430/1510222-smart-meter-data/IrelandAIB announces cuts to both deposit and mortgage rateshttps://www.rte.ie/news/business/2025/0430/1510281-aib-cuts-deposit-and-mortgage-rates/AIB has today announced cuts to both its deposit rates and its mortgage interest rates in response to the recent rate cuts from the European Central Bank.Wed, 30 Apr 2025 10:11:39 +0100https://www.rte.ie/news/business/2025/0430/1510281-aib-cuts-deposit-and-mortgage-rates/BusinessPTSB's mortgage share tops 20% in first quarterhttps://www.rte.ie/news/business/2025/0430/1510238-ptsb-trading-update/Permanent TSB Group Holdings said its net interest income reduced by 9% in the first quarter of this year due to the impact of lower interest rates.Wed, 30 Apr 2025 07:57:05 +0100https://www.rte.ie/news/business/2025/0430/1510238-ptsb-trading-update/BusinessAverage home mortgage drawdown at new record high - BPFIhttps://www.rte.ie/news/business/2025/0429/1510028-average-home-mortgage-drawdown-at-new-record-high-bpfi/New figures from Banking and Payments Federation Ireland show that the average home mortgage drawdown value reached €327,972 in the the first quarter of 2025 - the highest level on record.Tue, 29 Apr 2025 09:05:05 +0100https://www.rte.ie/news/business/2025/0429/1510028-average-home-mortgage-drawdown-at-new-record-high-bpfi/BusinessMost consumers trust cards over other payment methodshttps://www.rte.ie/news/business/2025/0428/1509897-most-consumers-trust-cards-over-other-payment-methods/73% of Irish consumers trust cards over all other payment methods, new data shows.Mon, 28 Apr 2025 13:23:31 +0100https://www.rte.ie/news/business/2025/0428/1509897-most-consumers-trust-cards-over-other-payment-methods/BusinessConsumers expect weaker economy over next five yearshttps://www.rte.ie/news/business/2025/0425/1509312-consumers-expect-weaker-economy-over-next-five-years/Consumers in the Republic of Ireland and Northern Ireland expect a weaker economy, less favourable job prospects, and higher inflation over the next five years, a new survey suggests.Fri, 25 Apr 2025 05:00:00 +0100https://www.rte.ie/news/business/2025/0425/1509312-consumers-expect-weaker-economy-over-next-five-years/BusinessTechnical issue impacting website and app resolved - PTSBhttps://www.rte.ie/news/business/2025/0418/1508334-ptsb-technical-issue/PTSB has said that a technical issue that impacted the bank's website and mobile app has been resolved.Fri, 18 Apr 2025 09:36:42 +0100https://www.rte.ie/news/business/2025/0418/1508334-ptsb-technical-issue/BusinessRevolut rolls out instant access savings for under 18shttps://www.rte.ie/news/business/2025/0417/1508055-revolut-rolls-out-instant-access-savings-for-under-18s/Revolut has rolled out instant access savings accounts for customers of its under 18s app.Thu, 17 Apr 2025 05:00:00 +0100https://www.rte.ie/news/business/2025/0417/1508055-revolut-rolls-out-instant-access-savings-for-under-18s/BusinessTechnical issue impacting PTSB website and apphttps://www.rte.ie/news/business/2025/0417/1508188-ptsb-technical-issues/PTSB said it is working to resolve a technical issue that has impacted the bank's website and mobile app.Thu, 17 Apr 2025 12:20:06 +0100https://www.rte.ie/news/business/2025/0417/1508188-ptsb-technical-issues/BusinessICS Mortgages cuts its mortgages rateshttps://www.rte.ie/news/business/2025/0417/1508216-ics-mortgages-cut-interest-rates/ICS Mortgages has today announced cuts in its variable and fixed mortgage rates and the launch of a new feature designed to provide greater financial flexibility for owner occupier borrowers.Thu, 17 Apr 2025 14:03:50 +0100https://www.rte.ie/news/business/2025/0417/1508216-ics-mortgages-cut-interest-rates/BusinessQ&A: What the latest ECB rate cut means for consumershttps://www.rte.ie/news/2025/0417/1508202-rate-cut-customers/The European Central Bank has cut interest rates for the seventh time in a year but what does it mean for mortgage-holders in Ireland?Thu, 17 Apr 2025 13:22:06 +0100https://www.rte.ie/news/2025/0417/1508202-rate-cut-customers/BusinessPetrol and diesel prices steady again in Aprilhttps://www.rte.ie/news/business/2025/0416/1507943-aa-ireland-fuel-price-survey/The AA Ireland Fuel Survey for April shows that fuel prices remained steady during the month, with petrol and diesel remaining consistent for a third consecutive month.Wed, 16 Apr 2025 09:29:41 +0100https://www.rte.ie/news/business/2025/0416/1507943-aa-ireland-fuel-price-survey/BusinessHow storms, cyberattacks and wars show cash is still kinghttps://www.rte.ie/brainstorm/2025/0415/1507541-cash-payments-electronic-transactions-storms-power-outages-wars-cyberattacks/Recent events have highlighted the vulnerability of electronic transactions, leaving cash as the only reliable method of paymentTue, 15 Apr 2025 07:09:16 +0100https://www.rte.ie/brainstorm/2025/0415/1507541-cash-payments-electronic-transactions-storms-power-outages-wars-cyberattacks/Cash