Source: Northland Regional Council
Cyber Security – Privacy Commissioner says better passwords will help fight hackers
Source: Office of the Privacy Commissioner
Northland News – $3.8M of Regional Sporting Facilities Rate funding allocated
Source: Northland Regional Council
Energy Sector – Consultation to build on New Zealand’s strong fuel security welcome
Source: Energy Resources Aotearoa
Economy – RBNZ to open next phase of Exchange Settlement Account System application process in September 2025
15 July 2025 – Payment service providers and other interested entities can request an introductory meeting now.
The Reserve Bank of New Zealand – Te Pūtea Matua (RBNZ) will open the second phase of the Exchange Settlement Account System (ESAS) application process in September 2025.
ESAS is New Zealand's principal high-value payments system used by banks and other financial organisations to settle their financial transactions in real time. In March 2025 RBNZ completed a multi-year review of ESAS and expanded the access criteria to include more non-bank entities.
In April 2025 RBNZ published the new access criteria and opened the first phase of the application process, when licensed non-bank deposit takers (NBDTs) in New Zealand were invited to apply.
In September 2025 RBNZ will open the second phase of the application process, when other interested entities can apply. This may include payment service providers, overseas deposit takers and operators of designated Financial Market Infrastructures (FMIs).
Information on the phase 2 application process and guidance on requirements to meet the access criteria will be published on the RBNZ website in September.
In the meantime, RBNZ invites anyone who has read the access criteria and is considering applying for ESAS access to email ESASAccess@rbnz.govt.nz for an introductory meeting.
The introductory meeting is an informal opportunity to discuss ESAS, and for RBNZ to understand an entity's intended use and share information on prerequisites and other requirements to help the entity prepare to apply from September, if they choose.
Registered banks and licensed NBDTs in New Zealand can continue to apply for ESAS access at any time. Access criteria and information for phase 1 applicants is available on the RBNZ website.
More information
Exchange Settlement Account System: https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=d9e45cd26c&e=f3c68946f8
ESAS access criteria: https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=02cc7268e0&e=f3c68946f8
Health Appointments – New Medical Director appointed – College of GPs
Source: Royal NZ College of General Practitioners
Economy – RBNZ explores the impact of an ageing population on the financial system
15 July 2025 – New Zealand faces an economic shift as the population ages, according to the Reserve Bank of New Zealand in a Financial Stability Report special topic article released today.
While the economic impact will unfold slowly, the Reserve Bank is urging financial institutions to understand and be prepared for the structural changes and potential risks associated with this long-term change, Director of Financial System Assessment Kerry Watt says.
“An ageing population is likely to influence savings, borrowing and investment behaviour. This in turn will affect interest rates, asset prices and the demand for financial products. The overall impacts may be complex and vary over time.”
As the population ages, overall savings are expected to rise in the near term before declining. People typically borrow when young, save during their working years, and draw down those savings in retirement.
Increased saving could put downward pressure on interest rates and lift the value of assets like housing and equity. Demand for housing loans may decline as the population ages. Older investors may favour lower risk assets.
For banks, increased deposit funding and reduced demand for mortgages may encourage a shift towards other types of lending and expansion in the provision of other services. For the insurance sector, demand for health insurance is expected to grow, while demand for life insurance may decline.
Demographic change and changes in the levels of savings and borrowing may also affect how monetary policy flows through the economy. In addition, increased expenditure on healthcare and superannuation will impact fiscal policy.
“Understanding and adapting to these changes will be key to maintaining financial system resilience,” Mr Watt says.
More information
The Grey Wave: Exploring the impact of an ageing population on the financial system: https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=b0d0c803e0&e=f3c68946f8
Rural News – Alternative grass grub weapon now urgent – Federated Farmers
Source: Federated Farmers
Marine Environment – Sea spurge found at Kapowairua (Spirits Bay) Northland
Source: Northland Regional Council
Northland News – Plan winter earthworks carefully; NRC
Source: Northland Regional Council
- Minimise open earthworks and avoid stream work during winter
- Stabilise as much of the site as practical by 30 April, well ahead of the official winter season
- Align work with topography; low gradients and short slopes are easier to manage than long steep ones
- Identify necessary erosion and sediment control measures and consider additional options to lower discharge risks
- Ensure controls are easy to access for routine maintenance
- Progressively stabilise exposed areas throughout the season
- Arrange reliable access to stabilisation materials such as hay mulch, including provisions for urgent needs.
