67B Takes it from the Chief economist from the Commonwealth Bank, Swannie knows how to add up.
Michael Blythe, chief economist at the Commonwealth Bank. "The most encouraging sign is some indications that the private sector is coming back in, a lot of the past 12 months has been a public sector a story and we really need the private sector to sign off on the recovery story.'
So the public sector has driven the recovery. That would be through stimulus spending.
http://www.theage.com.au/business/australias-economic-growth-accelerates-20100901-14mad.html
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