Vic Premier welcomes first home tax breaks

Victoria Premier Daniel Andrews has welcomed federal moves to give first homebuyers tax breaks to help them get into the market.

Victoria Premier Daniel Andrews has welcomed federal moves to give first homebuyers tax breaks. (AAP)

First homebuyers aren't in a "fair fight" and deserve to have the balance tipped back in their favour, Victorian Premier Daniel Andrews says.

He welcomed federal moves to give tax breaks to first homebuyers as a way of helping them get into a difficult market.

"I'll welcome anything that helps and supports first homebuyers because it's not a fair fight at the moment," Mr Andrews told reporters on Sunday.

"You've got first homebuyers trying to get into the market competing against investors, who are cashed up and have got a lifetime's equity and income behind them."

Mr Andrews said Victoria was setting aside a percentage of properties in new state developments that were only for people buying their first homes.

The state has also cut stamp duty and opened up more government land for building to help first homebuyers.

"We want the balanced tipped back in their favour," Mr Andrews said.