National's leader, John Key, says there will be "some modest changes" to the KiwiSaver scheme if his party wins the election. Mr Key would not give any details today when he was questioned on TV One's Breakfast programme but he said nothing radical would be done.

A slip-up by a National backbencher has forced the party to reveal it will keep compulsory employer contributions to Kiwisaver.

National has been forced to announce it will back the turbo-charged KiwiSaver after a backbench MP incorrectly told a business audience that compulsory employer contributions was not party policy.

Wellington, May 25 NZPA - Get a tax cut and lose your home. That would be a catastrophic trade-off for having an extra $20 dollars or so in the hand each week, or two blocks of cheese as the National Party puts it.

The Government and National both believe large-scale tax cuts can be delivered without delaying mortgage interest rate relief for struggling families.

Wellington, May 23 NZPA - The Government and National both believe large-scale tax cuts can be delivered without delaying mortgage interest rate relief for struggling families.

Finance Minister Michael Cullen has played what could be one of his last political aces and delivered tax cuts in his ninth budget today.

Workers and pensioners will get a lift in their income from October and further tax relief in 2010 and 2011, but many people will think it is too little too late.

By NZPA Political Reporters Wellington, May 22 NZPA - Finance Minister Michael Cullen has played what could be one of his last political aces and delivered tax cuts in his ninth budget today.

As Finance Minister Michael Cullen prepares to deliver his ninth budget tomorrow an International Monetary Fund report (IMF) has warned of the need to keep inflationary pressures in check and restrain government spending.