By any measure, the latest Capital Brief/DemosAU opinion poll is bad news for Anthony Albanese.
It is bad enough for the prime minister that One Nation has overtaken Labor on primary vote, leading 28% to 26%, just a fortnight after David Farley seized the party’s first lower house seat at the ballot box by winning the Farrer by-election.
It is worse for Albanese that 43% of the 1,502 respondents rated the 12 May budget as bad, while just 23% rated it as good.
But perhaps the biggest concern is that 42% of respondents told DemosAU they believed income from investments, such as houses, should attract lower tax rates than income from work. Thirty-eight percent said the two types of income should be taxed in the same way.