The Barefoot Investor’s advice for worried Aussies as governments tell people to stockpile food: ‘Be alert but not alarmed’

Financial commentator Scott Pape urged Australians to prepare calmly for emergencies, saying there was no secret government warning behind overseas advice to stockpile supplies. He argued that readiness is sensible given a range of public risks, but that people should not let those concerns fuel fear.

Pape suggested keeping practical basics such as torches, candles and bottled water, drawing on his family’s experience of power cuts and reliance on tank water. The UK’s “Be Ready” campaign recommends three days of supplies, including food, water, blankets and a radio, while Australia’s National Emergency Management Agency says the government has not asked people to stockpile and advises preparation for likely local hazards.