Meet the CEO hell-bent on helping people into the housing market

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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.

Pauline Blight-Johnson has a cup of tea, and barely time to touch it. The actuary and chief executive of the country’s largest lenders mortgage insurer is explaining that business, leadership and even schooling isn’t about the numbers. It’s all about people.

And it might be why she says she’s learnt more about running a business as chairman of Sydney private school MLC than almost anywhere else. But, she says, it’s how she has always done things - and of course, getting more people into houses will also be good for business. Her conservative result – and dividend policy – didn’t win her many early supporters among the investor base, which had been lobbying for higher capital returns, and wanted the dividend policy changed after JobKeeper was introduced.stoking speculation there would be a push for more payouts.

 

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Australia desperately needs a unified education system. Until private schools are taken over, opportunity simply won't be a universal concept. The changing face of Oz society isn't reflected in the current archaic two-tier system.

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