Helia Group Ltd
HLI: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| p.& | LOCK|w@& | LOCK|RgffQr% |
Helia: Staying Focused on LMI Despite Its Customers and Market Shrinking
Driven by increased lending volumes, Helia's third-quarter gross written premiums are up over 30% on the same period last year. But on an annualized basis, it's still a far cry from historical levels, with demand hurt by the government's expanded 5% deposit scheme and higher interest rates.
