Among other reasons, public sector dollars sometimes flow counter-cyclically to private sector.

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Australia's central bank has cut its benchmark interest rate by 25 basis points to 3%, as it looks to counter a slowdown in its mining sector.

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Try the counter-cyclical self-storage sector or health care.

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Yet his counter argument is that States and the private sector are better qualified to partner on re-training comes with no projections on expense or impact on unemployment.

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