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Michael Hill annual sales rise at fastest pace in 3 years
By Tina Morrison July 8 (BusinessDesk) - Michael Hill International, the jewellery chain that bears the name of its founder, increased sales 9.7 percent last year, the fastest pace in three years. Sales rose to A$482.8 million in the 12 months ended June 30, from A$440 mill...

Harmoney gets first peer-to-peer lending licence
By Suze Metherell July 8 (BusinessDesk) - The Financial Markets Authority has awarded its first peer-to-peer lending licence to Harmoney, and expects to license an equity crowd funding platform "shortly". Auckland-based Harmoney is the first platform operator to receive a l...

Early signs India-NZ free trade deal is back on: Groser
By Pattrick Smellie July 8 (BusinessDesk) - The newly elected government in India is giving cautious signals that the stalled free trade agreement with New Zealand will come back onto the agenda, although it will have to include a commitment to competitive markets and the agri...