View this email in your browser Business Today Tuesday, 22 September, 2026 Editor's Note Good morning, reader Most of the minimum wage increases adopted since 2016 have had no impact on inflation, a new study from the ESRI has found. Eoin Burke-Kennedy reports on its findings. Funds controlled by French insurer Axa and US investor Kennedy Wilson, which own almost €300 million of commercial property in Dublin, recorded a €15 million decline in the value of their office portfolio last year. Killian Woods has the details. If Irish property is overvalued, will house prices fall? Fiona Reddan looks at that question in her Your Money feature this week. Continue Reading Ciarán Hancock   TOP BUSINESS STORIES Markets Tech rally boosts Asian stocks, dollar firms on rate-hike wagers Markets Oil edges higher on supply risks Business Dubliner named chief executive of New York-listed boat manufacturer Brunswick Business Tenant exit and flat rents weigh on €300m Dublin office portfolio Business No inflationary impact from recent minimum wage rises, ESRI report finds Richard Cantillon Google fine of more than €400m a win for data protection watchdogs MORE BUSINESS STORIES Business Rally in bank and tech stocks lifts European shares Business Start-up ordered to pay €10,000 to worker sacked after complaining about failure to deduct tax Business Budget 2027 income tax package will deliver ‘hundreds of euros’ to workers, Harris says Business Marsh appoints Irishman as European chief executive Do you have questions about becoming an Irish Times subscriber, or about your subscription? You'll find handy guides in our FAQs, and you can manage many aspects of your subscription in the My Account section. Never miss a business story Subscribe now for just €1 for your first month SUBSCRIBE     Registration number 2514 Registered in Ireland as The Irish Times D