On this week’s podcast:

• The government is proposing a new tax on bank deposits in their scramble to find more cash ahead of this year’s budget, but it’s not going to be a popular move.
• Calls for a compensation scheme to protect those ripped off by bad financial advice
• We take a look at people’s habits when it comes to paying off credit card debt. Why are we so irrational when it comes to debt?

This week’s episode features: Professor Brian Andrew from the University of Wollongong Faculty of Business, Catherine Temple , Senior Policy Officer with the Consumer Action Law Centre and Associate Professor Francois Carrillat from the UTS Business School.

Image by B Rosen | Flickr