What two major polls reveal on voters

WHAT VOTERS ARE THINKING

NEWSPOLL

* Labor maintains 51-49 per cent lead over the coalition

* Malcolm Turnbull leads Bill Shorten 47-28 per cent as preferred prime minister

* Satisfaction with Turnbull drops two points to 36 per cent

* Shorten's satisfaction rating drops one point to 31 per cent

* One in four believe the next government's priority should be to reduce spending to pay down debt

IPSOS/FAIRFAX

* Coalition and Labor tied at 50-50

* Turnbull preferred prime minister 54-27 per cent

* Satisfaction with Turnbull 51 per cent

* Satisfaction with Shorten 33 per cent

* 65 per cent back Labor's plan for a royal commission into the banking and financial sectors.

(Source: Newspoll; Ipsos polls April 18)