Video: Rents 14% higher than last year; wind warning for four counties

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Rental crisis

Rents for homes were an average 14.1 per cent higher between July and September than they were in the same three-month period last year, new figures show.

The latest rental report from Daft.ie found the availability of rental homes reached an all-time low, leading to record increase in rents.

Sinn Féin leader Mary Lou McDonald described the State's rental market as “off the wall” and “insane”, while a number of unions have warned the crisis risks the effective delivery of education as teachers can no longer afford to pay for accommodation in parts of the country.

Wind warning

Four counties in the west of the country will be placed under a yellow wind warning for part of Wednesday.

Met Éireann issued the advisory for Galway, Clare, Kerry and Cork on Tuesday afternoon.

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The warning will take effect at 1pm on Wednesday, lasting until 7pm.

Windfall tax

A new windfall tax on the energy sector aimed at reducing prices for households has been signed off by the Government.

Minister for the Environment Eamon Ryan described the tax on non-gas electricity generators as “fair, pragmatic and practical”.

The cap on market revenues will be set at €120 per MWh for wind and solar. It will be at least €180 per MWh for oil-fired and coal-fired generation.

It is expected to raise between €340 million and €1.9 billion for the Exchequer.

Regency trial

The Special Criminal Court has heard murder accused Gerard 'The Monk' Hutch tell ex-Sinn Féin Councillor Jonathan Dowdall that Daniel Kinahan looked "in a f**kin' heap" from photographs he had seen in a newspaper after the Regency Hotel attack.

The non-jury court is hearing evidence from a recording device which gardaí had placed on Dowdall's Toyota Land Cruiser, including conversations between Dowdall and Mr Hutch during an alleged journey north in March 2016, just weeks after David Byrne (33) was shot dead at the Regency.

The recordings included Mr Hutch telling Dowdall that the "cops are going around like headless chickens" and that "loads of f**k ups" have been made in the aftermath of the shooting.

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