Dominic Perrottet downplays Coalition’s bid for first-home buyers to access superannuation

NSW premier says allowing up to $50,000 or 40% from superannuation accounts for deposits will not solve crisis

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The New South Wales premier, Dominic Perrottet, says it will be difficult" for first-home buyers to enter Sydney's housing market using the federal government's proposed superannuation access policy.

While Perrottet, who has made addressing housing affordability a key priority for his government, said he welcomed the Coalition's proposal to allow first-home buyers to access to up to $50,000 of their superannuation to buy a property, he acknowledged it would be of little help for many people.

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