The experts at CBA have sounded off on the RBA's latest meeting minutes, as Chief Economist Ryan Feldman restates their position that we're not getting any rate relief on Melbourne Cup day.
16 October 2025
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Ryan Felsman is Chief CommSec Economist. In his role, Ryan is responsible for the analysis of economic trends and developments in the Australian and global economy, as well as the likely impact on financial markets.
He writes regular commentaries and presents to clients and customers across the Commonwealth Bank Group. And he has appeared regularly on Channel 7’s Sunrise, Sky News, SBS World News and ABC News Radio as part of his media commitments. Ryan also co-anchors the CommSec Market Update podcast each morning.
Ryan has been with the CBA Group for 14 years and has more than 25 years’ funds management experience, having previously worked as an Investment Manager, Global Resources and Senior Economist at Colonial First State Global Asset Management.
Ryan holds a Master of Commerce (Economics, Government & Business majors) from the University of Sydney and a Bachelor of Commerce (Economics major) from Macquarie University, Sydney.
The experts at CBA have sounded off on the RBA's latest meeting minutes, as Chief Economist Ryan Feldman restates their position that we're not getting any rate relief on Melbourne Cup day.
A change in the forecasting and a shift in the RBA's tone yesterday, means CBA has pushed out the next rate cut to February 2026. Here's why.
Australian home prices surged to fresh record highs in August, driven by rising buyer demand, constrained supply, and the Reserve Bank’s rate-cutting cycle, marking the seventh consecutive monthly gain for national housing values.
Headline inflation rose to 2.8%/yr in July, a much bigger rise than anticipated. Electricity rose much more than expected due to the timing of rebates in NSW and the ACT, and travel prices were much stronger than expected.
The Minutes for the Monetary Policy in August show the evolution in risks for RBA. Much of this focus for 2025 has been ensuring inflation returns sustainably to the mid‑point of the RBA’s target band.
