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PM signals income tax cuts, but no date

Prime Minister Malcolm Turnbull has signalled personal tax cuts for middle income earners but says when that'll happen is dependent on the state of the budget.

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Source: AAP


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Jobs and growth is out, jobs and opportunity is the government's new tagline this federal budget season.

Eight weeks out Prime Minister Malcolm Turnbull has signalled his intention to stick by company tax cuts and "obviously" lower income tax rates for middle wage earners, though he's not said when that might happen.

"Out goal, our aim, our focus is to provide tax relief for middle income Australians, further tax relief," he told the ABC's 7.30 program on Monday.

"But the timing and the extent of that is dependent obviously on the state of the budget. The budget's eight weeks away so we haven't got long to wait."

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

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"You get stronger economic growth, more businesses investing more, you'll get more employment, you get greater productivity and you get higher wages," he said.


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