Articles

  • 1 week ago | clubtroppo.com.au | David Walker

    Advice for homebuyers and citizens: housing guarantee schemes deserve your derisive laughter, whoever backs them. A young woman who I have known for many years messaged me yesterday to ask a question. She and her partner have been saving hard for a year or so, and were planning to save for a few more. This a pattern that millions of Australians have followed over the past two hundred years, and it has generally worked well.

  • 2 weeks ago | publicaccountant.com.au | David Walker

    This year is bringing accountants a host of new compliance challenges beyond tax law. In everything from cybersecurity to financial advice to financial crime, accountants and the finance industry will need to learn new ways to get business done. The Institute of Public Accountants’ general manager of advocacy & emerging policy, Michael Davison, ranks cybersecurity as the industry’s number one non-tax compliance concern.

  • 3 weeks ago | clubtroppo.com.au | David Walker

    Video: Donald Trump has decried the “ripping off” of the US since at least the late 1980s. Hello, US readers! You’ve just started an interesting economic experiment to see whether government policy can change a trade deficit into a trade surplus. My bet: you will find, just as Australians did, that the answer is “no”. Most people find it hard to think about trade in a very organised way, and end up doing things that have effects they didn’t expect. Effects like recessions..

  • 1 month ago | publicaccountant.com.au | David Walker

    In early March US President Donald Trump let loose his previously-threatened tariffs on imports from three key trading partners: China, Mexico and, most surprisingly, previously close US ally Canada. Then, within days, Trump was negotiating a deal to wind back his own tariffs. In mid-March of 2025, the situation remained uncertain. Tellingly, Trump justified the new Canadian tariffs as incentive for his northern neighbour to end Canadian trafficking in the potent opioid drug Fentanyl.

  • 2 months ago | publicaccountant.com.au | David Walker

    Competition in Australia is deeply imperfect. But the changes that will improve it seem likely to come not in one big bang, but gradually. “Many of our industries are oligopolies: a few big players dominate them.

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David Walker (Shorewalker DMS) 👣
David Walker (Shorewalker DMS) 👣 @shorewalker1
22 Apr 25

RT @clairlemon: The great @tylercowen in defence of expertise in @TheFP https://t.co/EHrkpZe1Kw

David Walker (Shorewalker DMS) 👣
David Walker (Shorewalker DMS) 👣 @shorewalker1
22 Apr 25

Interesting answer to an interesting question. Note that many left-wing think-tanks made the ill-judged decision to align themselves with the federal rather than state ALP’s policy direction. And so they missed Australia’s biggest policy change of recent years.

Peter Tulip
Peter Tulip @peter_tulip

Federal Labor seems to be captured by the social housing lobby, who think every housing problem is solved by increasing their subsidies. They have an evidence-free preference for government solutions over the market. 2/7

David Walker (Shorewalker DMS) 👣
David Walker (Shorewalker DMS) 👣 @shorewalker1
22 Apr 25

I've taken to posting material on Club Troppo that just sums up the state of play on various issues. Here's my attempt to sum up what we know about housing's influence on immigration: https://t.co/opsT9qKhhV