{"id":202009,"date":"2025-12-20T14:16:26","date_gmt":"2025-12-20T14:16:26","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/202009\/"},"modified":"2025-12-20T14:16:26","modified_gmt":"2025-12-20T14:16:26","slug":"households-worse-off-because-of-budget","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/202009\/","title":{"rendered":"Households \u201cworse off\u201d because of budget"},"content":{"rendered":"\n<p>\u00a0<\/p>\n<p>Households are going to be worse off next year because of the last budget.<\/p>\n<p>The Economic and Social Research Institute says most will lose around 1.3 per cent of their disposable income because tax bands and credits were frozen, while temporary cost-of-living supports were withdrawn.<\/p>\n<p>Its predicting economic growth of 2.1 per cent next year, compared to 4 per cent this year, and is also expecting a slowdown in the labour market<\/p>\n<p>ESRI Associate Research Professor, Dr Conor O\u2019Toole says the concerns are due to outside factors:\u00a0<\/p>\n<p><a href=\"https:\/\/www.midwestradio.ie\/wp-content\/uploads\/2025\/12\/NEWSTALK202512180069.wav\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/www.midwestradio.ie\/wp-content\/uploads\/2025\/12\/NEWSTALK202512180069.wav<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"\u00a0 Households are going to be worse off next year because of the last budget. The Economic and&hellip;\n","protected":false},"author":2,"featured_media":105607,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-202009","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/202009","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=202009"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/202009\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/105607"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=202009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=202009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=202009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}