Government Buildings, Dublin 2
Minister for Finance and Public Expenditure and Reform Paschal Donohoe at a photocall to launch Budget 2018 at Government Buildings.
Watch proceedings live here.
Rainy Day Fund to be established in the coming year, with at least €1.5bn to be transferred to it from the Ireland Strategic Investment Fund.
There will be €1.83 billion for housing, with 3,800 new social houses built by local authorities and approved housing bodies.
The Housing Assistance Payment Scheme will increase to €149m. Funding for homeless services will increase by €18m to more than €116m.
4,000 extra social housing units to be delivered next year.
Commitment to accelerate the delivery of social housing from 2019.
Extra €500m for direct building programme to see 3,000 additional new build social houses by 2021.
Additional €75m of funding for second phase of Local Infrastructure Housing Activation Fund.
€750m to be made available for commercial investment in housing finance.
The level on stamp duty on commercial property transactions will rise from 2% to 6% from midnight.
The vacant site levy will double from 3% in the first year to 7% in second and subsequent years.
Reduction in seven-year period for owners to enjoy full relief from Capital Gains Tax to four years.