Cost of Living: Motion Seanad Éireann — 2022-06-15 ============================================================ Paul Gavan (SF), Labour Panel I move amendment No. 1: To delete all words after "Seanad Éireann" and substitute the following: "notes that: - Ireland is facing a cost-of-living crisis; - the cost-of-living crisis is driven by inflation, by external factors such as supply and demand mismatches following the Covid-19 pandemic, the war in Ukraine and domestic factors such as housing and rental crisis inflation; - inflation reached 7.8 percent in the twelve months to May 2022, the highest rate of inflation in 38 years; - inflation disproportionately impacts lower and middle-income households, who spend a higher proportion of their income on food, energy and other essential goods and services; - core social welfare rates have failed to keep pace with the rising cost of living; - the minimum wage has failed to keep pace with the rising cost of living; - in the past twelve months: - the price of petrol and diesel has risen by 26 percent and 42 percent, respectively; - the price of home heating oil has more than doubled; - household energy prices have increased by 57 percent; - rental prices have increased by 12 percent; calls on the Government to take appropriate emergency action, to include: - the introduction of a ‘cost-of-living cash payment’ of €200 for every adult with an income less than €30,000 and €100 for every adult with an income between €30,000 and €60,000; - an increase in working-age social welfare rates in response to the rising cost of living; - the establishment of a discretionary fund of €15 million, to assist households with utility debt; - an increase in the minimum wage in response to the rising cost of living; - the removal of excise duty applied to home heating oil on a temporary basis; - a further reduction of excise duty on petrol and diesel; - an immediate reduction in childcare fees; and - the introduction of a refundable tax credit equivalent to one month’s rent and a ban on rent increases for a period of three years." --- Source: Houses of the Oireachtas. Licensed under CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/). The Official Report is revised after first publication; the fetch timestamp below identifies the version quoted. Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/seanad/2022-06-15/debate/main Retrieved: 2026-08-27T06:54:39+00:00 Sitting date: 2022-06-15