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The Guardian - AU
The Guardian - AU
National
Michael McGowan

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

New South Wales’ premier, Dominic Perrottet.
New South Wales’ premier, Dominic Perrottet, says a suite of measures will be needed to address housing affordability. Photograph: Gaye Gerard/AAP

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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