According to the Resolve Political Monitor (RPM), support for the Labor government has reached a new low amid cost-of-living pressures.
The RPM, conducted by Resolve Strategic monthly on behalf of the Sydney Morning Herald and the Age, found that the number of voters planning on putting Labor as number ‘1’ on their ballot paper has dropped from 30% to 27% since last month.
The lack of support for the Labor government also comes with 57% of respondents saying that Australia's Prime Minister Anthony Albanese has been performing either poor or very poor in recent weeks.
In the contentious area of economic management, The Liberals are in the lead, with 41% of the population believing they would perform better in that area in comparison to Labor (27%).
The Liberals are also winning the debate over who will best keep the cost of living low, with 38% of participants saying that Liberals will do better in this area in comparison to 22% for Labor.
The only issues where participants believed Labor would perform best were welfare and benefits and issues affecting Indigenous Australians and Torres Strait Islanders
The research also revealed that 58% of voters think they are worse off since Labor came into power in May 2022, compared to 13% who feel better off.
In terms of who the people think would be a better leader, the results show that Albanese and Dutton are neck-and-neck at 35% each.
Despite this, 44% of people believe the Coalition will win the next election in comparison to the 33% who think that Labor will win.