The Sydney Lord Mayor, Clover Moore said the NRMA, like big petroleum companies, has a vested interest in campaigning for car use.
In 1935 Walkley and O'Callaghan with the support of the New Zealand Automobile Association and a consortium of New Zealand businessman lobbied the NRMA in NSW to offer to repeat in Australia the model used by Europa.
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As a corporate and securities law specialist he was involved in several important and complex Australian corporate cases: the 1995 Westpac Challenge Bank merger, the NRMA insurance demutualisation, Comalco's takeover of Rio Tinto and the Australian Stock Exchange demutualisation and self-listing which was a world first.