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PM rejects JobKeeper 3.0 as economy tipped to contract, oil takeover talks

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Thursday 22nd July 2021 

The Prime Minister baulks at reintroducing big handouts in the face of the latest COVID wave, as analysts forecast an economic contraction this quarter. 

Also today:

  • The ASX surges as large caps have one of the best days in months. 
  • The oil sector is abuzz with takeover and merger talks.
  • And Australia’s wine exports get some good news from the United Kingdom.
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