The Government has released the MYEFO, or Mid-Year Economic and Fiscal Outlook, or as we call it, Easter for economists. It's projecting a very small deficit of around $1 billion. But does that really matter?

Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia.

In Dollars & Sense, each week, Greg Jericho will dive into the latest economic figures, and explain what they can tell us about what's happening in the economy, how it will impact you and where things are headed.

Recorded on Wednesday 14th December 2023. Follow us on Twitter and Instagram or visit our website.

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Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work

Producer: Jennifer Macey

Theme Music: Blue Dot Sessions

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Australia cares too much about Budget surplus