Coalition takes the lead in new poll for the first time since the last election

The Coalition has jumped ahead of the Labor Party in the polls for the first time since the 2022 election. 

The Coalition now leads by two points on a party preferred basis at 51 - 49, according a Newspoll conducted for News Corp..

Primary votes for the Coalition and Labor remained unchanged from the previous poll, with the shift coming from ­preference flows from minor parties.

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The two-point shift in the two-party-preferred vote stemmed from the Greens primary vote falling one percent to 12 percent.

Pauline Hanson's One Nation gained one percent of the vote, taking it to 7 per cent. 

Anthony Albanese's approval rating has fallen to a new low, but he's still considered to be the preferred prime minister with 45 percent of the vote, compared to Peter Dutton on 37 percent.

The Coalition's lead is still too slim for it to win enough seats to form a minority Coalition government, with a minority Labor government considered a more likely outcome.

However, the result is likely to cause some nerves for Labor, with the next federal election expected to be held either in March or May 2025.

The Newspoll comes after a parliamentary week dominated by the one-year anniversary of the October 7 anniversary of the Hamas terrorist attack.

The minds of voters are also continuing to be preoccupied with worries over the cost of living and housing. 

The first week of the survey ­period covered debate over the cost of living, supermarket prices and questions over whether Labor was considering making changes to negative gearing.

The ­Reserve Bank meanwhile, had given its warning that mortgage holders were unlikely to get any relief from cuts to interest rates in the short term.

Albanese's approval ratings fell to the lowest level since becoming Prime Minister, tumbling three points to 40 percent and now equalling opposition leader Peter Dutton.