Let the required point on the y-axis be \( (0, y) \).
Since it is equidistant from \( (5, -2) \) and \( (-3,2) \), we use the distance formula:
\[
\sqrt{(0 - 5)^2 + (y + 2)^2} = \sqrt{(0 + 3)^2 + (y - 2)^2}
\]
Squaring both sides:
\[
(5)^2 + (y+2)^2 = (3)^2 + (y-2)^2
\]
\[
25 + y^2 + 4y + 4 = 9 + y^2 - 4y + 4
\]
Cancel \( y^2 \) and simplify:
\[
25 + 4y + 4 = 9 - 4y + 4
\]
\[
29 + 4y = 13 - 4y
\]
\[
8y = -16
\]
\[
y = -2
\]
So the point is \( (0,-2) \).