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Podcast: SBS On the Money
Episode: SBS On the Money: MYEFO: What it means for the economy and interest rates
Description: The government has delivered a lower budget deficit in its mid-year economic forecast, thanks to a strong labour market and commodity prices. Its mid-year economic update revealed government savings of around $12 billion. But real wage growth has slowed slightly more than expected, and there's no income or rent relief coming beyond existing measures.