The Finance Minister's now backing Labour's plan to slash GST from fresh and frozen fruit and veggies.

Grant Robertson's previously cited concerns the cost savings wouldn't be passed onto consumers, calling it a boondoggle — meaning a wasteful spend.

The party's now promising to slash GST from fruit and veg from April, saving the average household around $20 a month.

Finance Minister Grant Robertson says that the policy would be regulated and would help ease inflation woes.

He says it would reduce the cost of food, and is still a good policy despite it not being a huge discount.

LISTEN ABOVE

• Labour's GST policy will be of "marginal benefit" - Tax expert
• "Cost more than they deliver": Economist on the plan to axe fruit and vege GST
• 'This will make a difference': Finance Minister defends Labour's plan to scrap fruit and veg GST
• Hipkins reveals removal of GST from fruit and vegetables, Working for Families boost