Turnbull signals intention to stick by company tax cuts

Mr Turnbull has signalled his intention to stick by company tax cuts and lower income tax rates for middle wage earners.

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The Prime Minister has told the A-B-C the timing and extent of the cuts will be detailed in the federal budget when it's released in eight weeks' time.

Mr Turnbull also says there's been jobs growth, but admits pay rises for those who already have jobs are now only just above inflation.