Trade deficit

Trade deficit widens. :

"Australia's trade deficit widened during July to $1.46 billion seasonally adjusted.

The Australian Bureau of Statistics says the trade gap increased by $54 million on the previous month."

So, we are going really well, then? Is it our best deficit ever? That would at least be an achievement. Apparently, it's nothing to be worried about and a huge improvement. So how come if I ran my own budget like that I'd be flat on my backside? How can economies take liberties ordinary humans may not?