‘Don’t look to Canberra for help’: Finance guru urges Aussies to look at their own budget

Finance guru Scott Pape, also known as the Barefoot Investor, has ditched his budget tradition to deliver cost-cutting advice, urging Aussies not to rely on tax cuts from Canberra.

Treasurer Jim Chalmers will hand down the 2024-2025 Federal Budget at approximately 7:30pm on Tuesday, which he has touted as a substantial cost-of-living relief package Labor will provide for Aussies “doing it tough”.Pape, however, wrote dubiously of the government’s “spin doctors” who spend months in focus groups conjuring up a “catchy name” for their economic policy in the hope to get them re-elected.

Pape’s message to Aussies was: “Don’t look to Canberra for help – they’ve got enough problems of their own”.Pape left readers to reflect on ways they can make meaningful changes in their finances to keep money in their back pocket. Picture: Sezeryadigar/iStock

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