— Betty Denney @ 12:57 am — 
January 13, 2012This week will be a big one for investors, policymakers, home loan customers and first-home buyers as the Reserve Bank of Australia (RBA) prepares to make its next decision on whether to lower interest rates again.
But the Sydney Morning Herald reports that while one eye will be focused on the RBA on Tuesday (February 3rd), many people are apprehensive about official data out on the same day which could show that the country has slipped into a recession.
Speaking to the paper, a panel of experts said that the RBA is likely to pull down interest rates to an even three per cent, an event that is likely to be met with some joy among those looking to compare home loans and get on the property ladder.
Those on a variable rate home loan will also see their average repayments fall, which may make a possible recession slightly easier to bear.
It may also prove an opportune time to compare home loans and lock yourself into a fixed rate deal after some experts warned that the RBA is running out of room to make further interest rate cuts.
I am yet to speak with a merchant who enjoys issuing a credit for returned merchandise or cancelled services. It is sometimes easier to accept having to do it, but its never fun. That said, you should always honor a customers request for a refund, provided it complies with your return and cancellation policies. In fact, sometimes you may be well advised to process a credit even if the refund request is not entirely compliant with your policies. Otherwise you leave yourself vulnerable to chargebacks, whose validity is determined based on the Associations rules, not your policies.