Tough, but better than expected, was the verdict on a 2011/12 reporting season that included the usual blockbuster bank profit and the odd horror loss.

Carbon Concsious says it's upbeat on this year despite losing its biggest client and the government's scrapping of the carbon floor price

Phillip Colebatch has announced his retirement from the board of Insurance Australia Group.

APN News & Media says chief financial officer Peter Myers has resigned to pursue other interests.