News

Genworth Australia first half 2014 earnings

30 July 2014 - Genworth

Genworth Mortgage Insurance Australia Limited (GMA) has reported a statutory net profit after tax of $42.5 million relating to the financial period post the re-organisation steps of the Initial Public Offering (IPO), being from 19 May 2014 to 30 June 2014.

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Genworth Australia successfully completes initial public offering

21 May 2014 - Genworth

Genworth Mortgage Insurance Australia Limited ACN 154890730 (Genworth Australia) today announces the successful completion of its previously announced initial public offering (IPO) of 220 million of its ordinary shares at an IPO price of AUD$2.65 per ordinary shares.

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Genworth Australia prices initial public offering

15 May 2014 - Genworth

Genworth Mortgage Insurance Australia Limited (Genworth Australia) today announced that it has priced its initial public offering (IPO) of 220 million of its ordinary shares (shares) at an IPO price of $2.65 per share.

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Homebuyer confidence falls in March

31 March 2014 - The Adviser

Reduced first home buyer numbers and cost of living pressure are undermining home buyer confidence, a key industry survey shows. The Genworth Homebuyer Confidence Index dropped by 1.6 points from the September 2013 figure, with 49 per cent of respondents citing cost of living as the key driver of mortgage stress.

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It was those three words that saved my… property dream

27 March 2014 - Property Investor

Lenders’ mortgage insurance. They’re the three little words that can dramatically get you started in investing and help you on your way to building a portfolio, especially in a hot market. It’s not complicated. But unlike Cheryl Cole and Will.i.am’s ‘Three words’ song, lenders’ mortgage insurance does seem to be underrated.

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Majority believe it is harder to get into property now than for previous generation: Genworth

26 March 2014 - Property Observer

Interestingly, the Genworth Homebuyer Confidence Index saw a 1.6 point drop from September 2013 to March 2014, which they note was partially to a decline in first home buyer confidence, as well as overall cost of living pressures for those currently holding mortgages.

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