June 2024
Helia shares plunge as CBA shops around mortgage contract
The insurer shed almost a fifth of its market value after its biggest client, the Commonwealth Bank, said it would run a tender process for its existing contract.
- Jonathan Shapiro
February 2024
- Opinion
- Chanticleer
What we learnt from Altium, Reece, Helia and G8 Education’s results
Altium’s lucky cushion, Reece’s big run, Helia keeps rising and G8 Education pumps up prices.
- James Thomson and Anthony Macdonald
January 2024
Fund managers reveal their big investment mistakes
Successful investing is as much about avoiding these common mistakes as it is picking winners, fundies say.
- Tom Richardson
February 2023
Lenders mortgage insurer Helia sparks dividend hopes ... again
Shareholders of listed lenders mortgage insurance business Helia (née Genworth Mortgage Insurance) once again have their eyes peeled out for a bumper dividend, as the company unwinds through its bloated cash reserves.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
June 2022
Genworth’s CEO reveals the best advice she’s ever received
If you do what you love, you’ll have an impact, says Pauline Blight-Johnston, who almost went into medicine but became an actuary. She answers our CEO Q&A.
- Jemima Whyte
Meet the CEO hell-bent on helping people into the housing market
Genworth Financial’s chief executive, Pauline Blight-Johnston says she’s learnt as much - if not more - about leadership in chairing a private girls’ school than she has in all her years in business.
- Jemima Whyte
February 2022
Why Genworth might be the next property boom winner
Australia’s largest insurer of mortgages has flown below the radar until last week, when US hedge fund Ares raided its register to secure a 15 per cent stake.
- Jemima Whyte
Ares Management secures Genworth stake in MacCap raid
Macquarie Capital’s equities desk bought a 14.99 per cent stake in ASX-listed Genworth Mortgage Insurance Australia in a daring after-market raid.
- Updated
- Anthony Macdonald, Sarah Thompson and Kanika Sood
Genworth investors betting on bumper dividend, buyback
COVID reserve make ASX-listed Genworth a prime capital management candidate, investors reckon.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
September 2021
Buy, hold, sell: IDP Education, Domain, Webjet, Healius, Genworth
Two fund managers discuss the companies that could flourish in a post-lockdown environment.
August 2021
Genworth returns to profit but warns of renewed uncertainty
The group returned to profit in the first half reflecting the improved economy, but the recovery may be dampened by the latest outbreak.
- Carrie LaFrenz
February 2021
Genworth Financial sells $488m Genworth Australia stake, GS on trade
Goldman Sachs has kicked off a rare weekend block trade, offering a 52 per cent stake in Genworth Australia worth $488 million.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
July 2020
ASX pushes higher despite rising virus threat
Fund managers expect volatility to continue as companies release results for the period ended June 30.
- Luke Housego
ASX rises; Fortescue, Coles hit records; Macquarie rallies
The Australian sharemarket ends up 0.7 per cent as CSL and iron ore miners rally. Macquarie gains 0.8 per cent despite first quarter earnings warning. Fortescue surges 4 per cent to record $17.55. Coles, JB Hi-Fi hit records.
- Robert Guy, Vesna Poljak, Sarah Turner, William McInnes and Luke Housego
April 2020
QBE won't offer LMI cover for borrowers from hard-hit sectors
Mortgage applications requiring LMI from those in industries directly hit by COVID-19 will be declined by the insurer.
- Nila Sweeney
March 2020
- Opinion
- Chanticleer
Virus catches many boards napping
Risk management should be at the heart of the work done by boards of directors. But the coronavirus has raised doubts about the levels of preparedness.
- Tony Boyd
As mortgage defaults loom, Genworth cancels guidance
Genworth said uncertainty over the long-term impact of the COVID-19 crisis made it impossible to provide an accurate earning forecast.
- James Fernyhough
February 2020
Genworth profit up on housing recovery
The company, which insures mortgage lenders against the risk that high-risk borrowers will default on their repayments, enjoyed a 60 per cent bump in profits for the full year 2019.
- James Fernyhough
November 2019
Genworth 'cautiously optimistic' on housing recovery
Genworth Mortgage Insurance is at the mercy of two fundamental aspects of the Australian economy: the housing market and the unemployment rate.
- James Fernyhough
October 2019
Genworth's revenue soars on housing recovery
The lenders mortgage insurance specialist reported a surge in gross written premiums on the back of the housing market recovery.
- James Fernyhough