
PM rejects JobKeeper 3.0 as economy tipped to contract, oil takeover talks
FEAR & GREED | Business News
• 13 min
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<p><strong>Thursday 22nd July 2021 </strong></p>
<p><strong>The Prime Minister baulks at reintroducing big handouts in the face of the latest COVID wave, as analysts forecast an economic contraction this quarter. </strong></p>
<p>Also today:</p>
<ul>
<li>The ASX surges as large caps have one of the best days in months. </li>
<li>The oil sector is abuzz with takeover and merger talks.</li>
<li>And Australia’s wine exports get some good news from the United Kingdom.</li>
</ul>
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