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Gold has dropped almost two per cent to a near six-year low, set for a sixth straight weekly decline under pressure from a firm US dollar and prospects of a US interest rate rise in December.

Families that retain multi-generational wealth have a role in any economy as valuable as emerging entrepreneurs.

A local geologist and company director is launching a website for trading excess mining equipment, joining similar operations aiming to establish a secondary market for the industry.

As one of WA's most influential directors, when Michael Chaney talks, the business community listens.

This week we discuss Hancock prospecting, Michael Chaney, recent developments in the Pilbara and Kwinana and look at Western Australian business dynasties including one property company that has marked 120 years.

Caravan and accommodation manufacturer Fleetwood Corporation has foreshadowed a first-half loss of $5 million, while also announcing that its chairman and one of its long-serving directors intend to leave the board.

The Australian share market has faded into the red after a positive start, dragged back by the absence of a lead from US markets, and investor fatigue.

A New Zealand-based insolvency expert has been put in charge of a new state government authority that will decide how $1.7 billion from the Bell Group litigation will be distributed.

When it comes to branding your business, it pays to find ways you can stand out from the competition.

Western Australia's first micro-lots will be built at Ellenbrook, with a concept expected to be ready for the public in the second half of next year.

The opening of Furniture Gallery's third store in Osborne Park in late October capped a busy 18 months for two sisters behind the rapidly growing new entrant to Perth's interior retail scene.

Indigenous contracting in the Pilbara is getting more competitive, more complicated and arguably more divisive, as players chase a shrinking pool of work.

Developers say the extension of a buffer around industrial areas near Kwinana has the potential to set a dangerous precedent over the erosion of the rights to develop land.

Mineral sands explorer Sheffield Resources has raised $5 million for its Thunderbird project, and plans to bring in an additional $2 million via a share purchase plan.

Diploma Group has won a $52 million contract to build the Riverwood Apartments in Burswood, with work already underway.

Business News has added a new feature to its product suite, with subscribers now able to choose from a selection of industries to deliver a personalised weekly news and data update via our new ‘BN Weekender' email service.

Australia Post has been given the thumbs up by the consumer watchdog to raise the price of a basic stamp by more than 40 per cent while taking longer to deliver the letters they are stuck on.

Tuggle is a website that allows shoppers to search online and offline shops in one place.

The Australian share market has opened higher, following positive leads from European bourses overnight with Wall Street closed for the Thanksgiving holiday.

Tunnel ‘worth $4b in benefits'

The Australian dollar is slightly lower as currency traders largely sit on the sidelines ahead of a flurry of key economic data next week.

World oil prices have drifted lower in muted trading conditions amid the Thanksgiving Day holiday in top consumer United States.

Western Australia's largest private health facility is preparing for major growth during the coming decade amid forecast cuts to public health.

The premier may be lining up for a second dig at local government reform.

Former Western Australian under-treasurer John Langoulant has questioned the business community for failing to reprimand the state government's loss of a AAA credit rating, at a Bankwest Curtin Economics Centre forum today.

The state government has begun the tender process to find a lead financial adviser as it plans to move ahead with divesting a portion of Keystart's loan book to the private sector.

The Australian sharemarket has retreated from one per cent gains to end modestly higher.

LandCorp has named a shortlist of three developers for the construction of a fourth lot at Claremont on the Park, while the City of Swan has approved a master plan for the Midland Oval redevelopment.

It is one of the most overused quotes of all time, but if you look at the old and the new of Western Australia's mining industry it is impossible to avoid thinking about the first words in Charles Dickens' novel, A Tale of Two Cities: “It was the best of times, it was the worst of times”.

Sodexo has been shortlisted with two other companies to manage all of Rio Tinto's camps and other facilities in the Pilbara, in the same week it has been awarded a contract to run Shell's Prelude Floating LNG facility.

Telstra chief executive Andy Penn says the days where companies do all of their innovation, research and development internally are over, while new creative and more nimble startups are proving that the scale of a business is no longer a competitive advantage.

Apartment developer Finbar Group says it has completed its $75.6 million Arbor North project in Rivervale on time and budget, with $54.6 million in sales received to date.