Voter support for Albanese government collapses amid row over economy, new poll shows

Support for the Albanese government has slumped to a new low of 27 per cent amid the political row over cost of living pressures, according to a new poll.

In a blow for Labor, the latest Resolve Political Monitor survey, conducted for The Sydney Morning Herald, shows 56 per cent of voters have rejected the government's assurances about the economy.

The research released today also reveals that 59 per cent of voters think they are worse off than when Labor came to power at the last election in May 2022. Just 13 per cent say they feel better off.

READ MORE: First home buyers in one Australian state handed lifeline

In other findings, 38 per cent would vote Coalition on their ballot, down from 39 per cent in November.

The Coalition also looks like it is winning the key debate over which party can best manage the economy, with voters putting the Coalition ahead of Labor by by 36 to 27 per cent.

Asked who was the preferred prime minister, voters put Prime Minister Anthony Albanese and Opposition leader Peter Dutton neck and neck on 35 per cent.

Albanese has highlighted the government's passing of 45 bills in parliament last month to assure Australians he is laser-focused about softening the blow of cost of living pressures on households.

But the prime minister's message that 'We have your back" doesn't look like it is cutting through.

READ MORE: Treasurer won't rule out further cost-of-living relief, but says business must rescue faltering economy

The Resolve Political Monitor canvassed 1604 eligible voters from last Wednesday to Sunday, which coincided with the release of data showing a stagnating Australian economy.

Australians will head to the polls for the next federal election sometime in the next six months or so – although when exactly it will be held isn't set in stone.

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