NZ Institute calls for welfare spending cuts?

The NZ Institute (funded by business subscription) is saying scrap the tax cuts and think about property taxes to raise additional revenue. You have to wonder how representative of their funders that position is.

Also,

The institute said health and welfare spending should be cut, but KiwiSaver should be enhanced.

Always interested in welfare proposals I had a quick look at the actual report. In fact the only proposal that could be construed as calling for a cut in welfare spending is a suggested review of Working For Families. Otherwise other references to welfare spending imply boosting expenditure on youth unemployment and support for those affected by the recession.