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Mark Hawthorne

Mark Hawthorne is Senior Editor at The Age. Previously he was National Business Editor of Fairfax Metro Media.

From designer handbags to a racing team, Fiat Chrysler bosses bought a heap

Industry insiders, ever sceptical about the prospects for car sector megamergers, say Mr Marchionne may have ulterior motives.

Mark Hawthorne The lavish spending of former Fiat Chrysler Australia bosses Clyde Campbell and Veronica Johns included buying designer handbags costing thousands of dollars for members of staff.

High-end retailer Myer axes about 80 head office jobs

Former Myer chief Bernie Brookes (left) with current CEO Richard Umbers.

Jared Lynch and Mark Hawthorne Embattled Myer has slashed about 80 jobs from its Melbourne head office as the department store chain restructures its business under new boss Richard Umbers.

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Fiat Chrysler bid to seize assets of former managing director Clyde Campbell

Former Fiat Chrysler managing director Clyde Campbell (left) at the Melbourne Cup Carnival in 2013.

Mark Hawthorne, Stephen Ottley Clyde Campbell has been accused of misappropriating and misusing more than $30 million in company money.

Big spending Jeep boss a king of Melbourne's party set

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Mark Hawthorne There is little doubt Clyde Campbell and wife Simone loved the high life. 

Chinks emerge in Labor solidarity over Metro Rail

Mark Hawthorne Debate stirs over commissioning an EES for the Metro project.

Little reward for investors in this case of history repeating

Mark Hawthorne What goes around, comes around. Sometimes it even comes around again.

Western Mining: Dollars light up Panji Suharto's view of the world

Big: It seems Western Mining, which owns graphite deposits in Indonesia, has received good news.

Mark Hawthorne Times are tough for captains of industry but one happy little group was spotted living the high life.

Satellite company NewSat plunges into administration

PPB Advisory was appointed administrator of NewSat on Friday after the company breached several banking covenants with its key funders, the US Export-Import Bank and Europe's COFACE.

Mark Hawthorne and Richard Baker NewSat's dream was to put an Australian satellite into space. The company has instead fallen back to earth, and has been placed into administration with hundreds of millions of dollars of debt.

NewSat and Bob Hawke the satellite spruiker

Former Prime Minister Bob Hawke (second from right) with NewSat's Adrian Ballintine (second from left) at Sydney Harbour in 2010.

Richard Baker, Nick McKenzie, Mark Hawthorne, Lucy Battersby Former Prime Minister Bob Hawke revealed as spruiker for controversial failed satellite group.

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A clean sheet at Myer, but history repeats

Outgoing Myer CEO Bernie Brookes.

Mark Hawthorne Stony-faced Brookes may have been, but he was also magnanimous in his departure.

Bankruptcy

Geoffrey Edelsten settles his bankruptcy, creditors get a few cents in the dollar

Geoffrey Edelsten

Mark Hawthorne and Chris Vedelago Disgraced former doctor Geoffrey Edelsten has settled his bankruptcy case, with creditors agreeing to take a few cents in the dollar to wipe out more than $30 million of accrued debt.

Sponsorship

Emirates bets on $17m on sport advertising spend

Few companies have relied so heavily on sport to market their brand as Emirates.

Mark Hawthorne Few companies have relied so heavily on sport to market their brand as Emirates.

NBN

NBN builder Techdrill collapses due to 'lack of work'

NBN rollout.

Mark Hawthorne, Jared Lynch One of the companies building the national broadband network has collapsed, citing a lack of work from Australia's largest infrastructure project.

Dairy

Milk wars likely to claim more victims yet

Mark Hawthorne It is almost four years since Coles fired the first shot in the ''milk wars’’. Industry data obtained by Fairfax Media shows the extent of the impact on dairy giants Lion and Parmalat.

Mark Hawthorne

Woolworths: Cheap cheap, or bully bully?

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Mark Hawthorne It seems that in how Woolworths and Coles treat suppliers, the two supermarket giants share even more similarities.

Supermarkets

Woolworths' Christmas threat to suppliers

Aldi could double its sales and challenge the might of Coles and Woolworths according to a recent study by investment bank UBS.

Mark Hawthorne Woolworths has told some suppliers it could decide to pull their products from shelves just days before Christmas if they refuse to cut prices and fund the supermarket giant's new Cheap Cheap...

Competition

ACCC examines Woolies supplier bullying claims

Shelving impulses: Keep track of what you spend with an app.

Mark Hawthorne and Madeleine Heffernan Woolworths staff are squeezing a further $70 million from suppliers by the end of the year, as the company scrambles to meet profit guidance and avoid its first downgrade in almost 16 years.

Retail

Woolworths accused of bullying suppliers into paying millions for Cheap Cheap campaign

Mark Hawthorne The competition watchdog is examining claims that supermarket giant Woolworths is pressuring suppliers to pay millions of dollars by the end of December or face possible retribution, including...

Supermarkets' private label push hits local suppliers hard

Supermarket shoppers' range of private label choices are costing local suppliers dearly.

Mark Hawthorne, Senior Editor The growth of private label products on the supermarket shelves is affecting suppliers, who are suffering as Coles and Woolworths push into new markets.

Cigarettes and junk food dominate supermarket sales growth

What is really in Australians' shopping trolleys

Mark Hawthorne, Senior Editor Australians are spending 10 per cent of the nation's annual grocery bill on tobacco products, and one in every five dollars spent at supermarkets goes on cigarettes or junk food, according to...