Pauline Hanson's One Nation has pulled ahead of Labor in fresh polling data while Anthony Albanese's approval ratings have dropped to a significant low.
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ratings → pull → low
One Nation moved ahead of Labor on 29 per cent of the primary vote compared with Labor's 28 per cent, according to a RedBridge Group and Accent Research poll for the Australian Financial Review.
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Nation → move → Review
The data, published on Sunday, marks the sixth lead change in as many months and comes as the Prime Minister's net favourability rating has fallen sharply.
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rating → publish → months
The metric, which is Albanese's favourability rating minus unfavourability, decreased by 10 points over one month to -27 per cent.
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which → decrease → cent
It is the lowest rating of Albanese's prime ministership and matches the figure recorded by former Opposition Leader Peter Dutton on the eve of the 2025 federal election.
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It → match → election
Nonetheless, Albanese remains the preferred Prime Minister, just by a smaller margin.
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Albanese → remain → margin
While the preference for him remained 31 per cent, Hanson's rating increased to 26 per cent in the latest data.
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rating → remain → data
Opposition Leader Angus Taylor remained at 15 per cent.
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Taylor → remain → cent
After a change in Greens leadership last week after Larissa Waters resigned due to ill health, the party fell one point to 11 per cent.
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party → resign → cent
Anthony Albanese's approval ratings have fallen sharply in new polling data
One Nation moved ahead of Labor on 29 per cent of the primary vote compared with Labor's 28 per cent, according to a new poll
When the 1,000 respondents were asked how they would direct their preference on a two-party basis, Labor was in front of One Nation 52 per cent to 48, no different to September.
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Labor → fall → September
But RedBridge director Tony Barry said the broader data suggested Albanese and his government continued to face significant political challenges.
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Albanese → say → challenges
Labor's vote share is back to its lowest recorded level,' he told the AFR.
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he → record → AFR
'The current political challenge for Labor is that the cash register never lies and voters will rarely reward a government when they are feeling poorer.'
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they → lie → government
The poll also showed deteriorating voter sentiment towards Treasurer Jim Chalmers.
His net favourability rating fell nine points in a month to its worst level in the poll's history, dropping to minus 23 per cent.
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rating → show → cent
Taylor's net rating also fell three points to -6 per cent while Hanson's increased by two points to -10 per cent.
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Hanson → fall → cent
Chalmers was defended by Cabinet Secretary Andrew Charlton, who insisted the Treasurer would not be replaced in a reshuffle.
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Treasurer → defend → reshuffle
The poll also showed deteriorating voter sentiment towards Treasurer Jim Chalmers whose net favourability rating fell nine points in a month to minus 23 per cent
'No, Jim Chalmers is doing an extraordinary job in very difficult global circumstances,' he told the AFR.
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he → show → AFR
According to the figures, concern about economic management as a key issue among voters increased from 14 per cent to 21 per cent in a month.
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concern → accord → month
But when asked which party would be most trusted in managing the economy, Labor dropped to 20 per cent of the vote while the Coalition rose to 29 per cent.
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Coalition → ask → cent
One Nation took 16 per cent of the vote.
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Nation → take → vote
Financial issues were the dominant concern among Australian voters in the poll, with the cost of living topping the list at 73 per cent.
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cost → top → cent
This was followed by concerns about healthcare (36 per cent), housing affordability (33 per cent), the rate of immigration (29 per cent) and crime and public safety (24 per cent).
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This → follow → immigration
The more conservative parties, One Nation and the Coalition, led Labor and the Greens on all of the issues surveyed.
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parties → lead → issues
They led by 43 per cent to 26 per cent on cost of living, 37 per cent to 34 per cent on healthcare, 39 per cent to 26 per cent on housing, 56 per cent to 25 per cent on immigration and 44 per cent to 22 per cent on crime.
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They → lead → crime