Prime Minister Malcolm Turnbull has hit back at Labor’s attacks at his private wealth and company tax cuts, revealing he donates his annual salary to charity.

His Prime Minister’s wage is $528,000 and apparently he donates $550,000 to charity through the Turnbull Foundation.

The opposition launched TV ads criticising Malcolm Turnbull’s campaign to reduce company tax as him being motivated by greed.

Mr Turnbull has described the ads as ‘mean-spirited’ and motivated by envy.

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