Malcolm Turnbull signals he would like to speed up income tax cuts

Tax cuts planned for seven years' time could be delivered earlier if the budget allows for it, the Prime Minister has hinted.

Source: AAP

Prime Minister Malcolm Turnbull said he "would love to think that we would be able to bring some of these tax cuts forward if the budget enables it".

Centre Alliance senators voted for the full tax package but afterwards said that if the economy suffered a setback between now and 2024 then whoever was in power should reverse the final stage of the tax cuts.