INL 15 Jan 2019 Digital Edition

04
JANUARY 15, 2019
Homelink
GOPIO to induct National MP Bakshi into Honour Roll
Staff Reporter
The Global Organisation
of People of Indian
Origin (GOPIO), an
international body
representing the Indian
Diaspora, has announced
that it will induct National
Party Member of Parliament
Kanwaljit Singh Bakshi into its
‘Honour Roll’ later this month.
A GOPIO notification said
that he will be among two
other dignitaries to receive
this honour, including Maharashtra
Minister Raj KPurohit
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(Picture of Kanwaljit Singh Bakshi from file)
and South Africa Member
of Parliament Aumsensing
(Omie) Singh.
They will be honoured at
the Valedictory Session of
GOPIO General Meet in at the
Varanasi Taj Hotel in Varanasi,
Uttar Pradesh, India on January
20, 2019, the evening before the
commencement of the official
biennial ‘Pravasi Bharatiya
Divas, on January 21, 2019 in
the City.
Among the past recipients
of this Honour were former
Prime Minister the later Inder
Gujral, Dr LMSinghvi and
Lord Bhikhu Parekh,
About Kanwaljit
Singh Bakshi
The GOPIO notification
described Mr Bakshi as
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‘Indian Origin Member of New
Zealand’s Parliament, serving
his fourth term as a List
Parliamentarian for the New
Zealand National Party.’
“Currently serving as a
Shared ownership option to new homebuyers
Supplied Content
The continuous hunt
for new ways to help
New Zealanders get
into their first home
has prompted BNZ to support
an exciting new shared
ownership option for first time
home buyers.
“It’s a commercial take on
the Bank of Mum and Dad for
new home owners.”
Shared ownership will
give eligible customers who
are saving for a deposit the
opportunity to get into their
first home faster.
“Some New Zealanders are
lucky enough to have mums
and dads topping up their
savings, so they can get the
deposit to buy a house,” Chief
Customer Officer (Consumer
and Wealth) Paul Carter said.
“Not everyone has family to
call on in this way and that’s
where shared ownership could
help,” he said.
Commercial Model
BNZ has been supporting a
commercial shared ownership
spokesperson for Internal
Affairs and Justice portfolios
for the New Zealand National
Party, he also served as Chairperson
of Parliamentary Law
and Order Select Committee.
His prior assignments included
Paul Carter (Picture Supplied)
model that teams potential
home owners up with a trusted
industry partner. Together
they build the funds required
to purchase the house with the
help of BNZ and the third party
takes an equity share in the
property.
Shared ownership includes
fees and other terms and conditions
and is explained more
in the video on BNZ website so
that customers can get a better
sense of whether it’s an option
that might suit them.
Twyford ticks
Housing Minister Phil
Twyford agreed that shared
ownership schemes can
play a role in getting more,
hardworking New Zealanders
numerous Parliamentary
Committees. In 2015, he was
conferred ‘Pravasi Bharatiya
Samman Award’ by the Indian
Government. Mr Bakshi has
been supporting GOPIO
chapters in New Zealand.”
into their own homes.
“We are looking at a similar
scheme for low income earners
so it’s great to see BNZ looking
at a progressive home ownership
model like this.”
Mr Carter said that BNZ is
passionate about getting more
New Zealanders into homes.
“This means a commitment
to providing a broad range of
options to give New Zealanders
more opportunities to explore
as they take the first step onto
the property ladder. Shared
ownership is another way that
BNZ can help customers get
into their first home,” he said.
Modest launch
Shared ownership will
launch with a pilot targeted at
potential customers looking
to buy qualifying new build
houses in Auckland.
“While we are launching
small, we and our partner will
be looking to make shared
ownership available to more
first home buyers wherever
they are in New Zealand after
the launch next year,” Mr
Carter said.
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