Opening Bell: Undervaluing stay at home parents, NAMA backed-homes, Jameson's facelift

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A new survey says that Irish people underestimate the cost that it would take to hire a 'stay at home parent.'

1,000 Irish people estimated that the cost of all the work done by a stay at home parent would be between €20,000 and €30,000 a year - however insurance group Royal London estimates that the actual cost would be closer to  €42,000 per year.

The survey found that men are more likely to put a lower value on the work done by stay at home parents.


NAMA will back a multi-million euro project from developer Sean Mulryan's Ballymore Developments in Co Kildare.

This will deliver nearly 300 homes - they will be a mix of three and four-bedroom semi-detached and detached houses.

The State agency has ambitions to deliver 20,000 homes arcoss Ireland by 2020.


Dublin’s Old Jameson Distillery in Smithfield will close its doors at the end of August to undergo a €11m refurbishment.

BRC Imagination Arts will work on the project with Dublin's TOTP Architects, and Limerick's Flynn Management and Contractors.

California's BRC is a "experience design" agency - it has previously worked on the Guinness Storehouse and the Heineken Experience in Amsterdam.

The distillery currently attracts 600,000 tourists per year.


Dublin Bus drivers with SIPTU are to vote later on whether to take industrial action.

They want a pay rise in line with the one Luas drivers got.

Last week Dublin Bus drivers with the National Bus and Rail Union voted overwhelmingly in favour of action.

The ballot of the SIPTU drivers begins later, with the results likely to be known tomorrow afternoon.