Ireland’s Guide To Money And Living

Consumer watch

Consumer news

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Targeting touts

Ticketmaster managing director Keith English has warned that proposed legislation targeting ticket touting won’t be fully effective. Fine Gael TD Noel Rock is one of the driving forces behind the battle against ticket touts, and has drafted the Private Members’ Bill in conjunction with fellow TD Stephen Donnelly that would outlaw the resale of tickets above face value, except for those auctioned at charity.

“I think that as laudable and all as their feelings towards it are, all they are going to serve to do is push this underground. If there is a consumer out there who wants to buy a ticket, be it at a higher price than face value, they’re going to do it,” English told Newstalk this week.

Brexit and online shopping

In other news, Irish fans of shopping online with retailers such as Amazon.co.uk could be hit hard in the wake of Brexit, with a potential increase in VAT and customs duties on our favourite products from across the Irish Sea.

“While the final outcome of how and when the UK leaves has become a bit more uncertain following the recent general election, we could nonetheless be looking at paying customs duties when the parcel arrives at our door. And Brexit could also give UK retailers another excuse to keep prices unreasonably high in Ireland,” writes The Irish Times‘ Fiona Reddan, who takes an in-depth look at what consumers can expect from Brexit.

Shopping around

Finally, sourcing quotes from several health insurance providers could save you as much as €1,000 on your annual premium according to the Irish Independent’s Charlie Weston. “Huge numbers of people with health insurance are over-paying for their cover. This is particularly the case with those over the age of 60,” he notes.

A number of tools are available to compare health insurance plans in Ireland, including a comprehensive tool from the Health Insurance Authority.

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When not writing about all things personal finance, You & Your Money's editor Conor Forrest enjoys reading, football and getting lost in an ocean of Wikipedia articles.
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