Liberal leader unfazed by latest dire opinion poll

The coalition's primary vote has also plunged to a record low, the poll shows, while Labor's has also dropped slightly off the back of an unpopular budget.

Asked about the poor showing, Angus Taylor said he'd been meeting with business leaders and they weren't concerned about opinion surveys.

"In that room just a moment ago, no one was talking about polls. They were talking about the future of our country," he told reporters in Sydney on Monday.

"Others will talk about politics and inside the beltway stuff. My focus is on outcomes for Australians."

Thirty-three per cent of voters said they wanted Senator Hanson to lead the country, compared to 29 per cent for Mr Albanese, 16 per cent for Mr Taylor and 22 per cent undecided.

Liberal frontbencher Aaron Violi said voters were unhappy with the coalition after two break ups with the Nationals and a leadership change, but insisted there was plenty of time to reverse its political fortunes.

"We know we have broken faith with the Australian people as a Liberal party, as the Nationals, as a coalition. We need to work really hard to win that trust back," he told Nine's Today program.

"We've got two years until the next election, there's a lot to play out."

The Resolve Political Monitor survey, conducted for the Nine newspapers, is the latest in a string of opinion polls showing declining support for the coalition and a surge in people backing One Nation.

One Nation's primary vote jumped five points to 29 per cent - meaning nearly a third of all voters would put the party first on their ballot paper if an election were held today.

Labor trailed slightly on 28 per cent - a one-point dip - while the Liberals and Nationals were on a combined 20 per cent, down three points from the previous survey.

One Nation has raised $4 million through its anti-Labor "fire the liar" campaign, promising to use the crowdfunded donations to campaign against the government.

Senator Hanson has also posed a "heat map" of donors, showing supporters in suburban areas of all state capitals.

One Nation MP Barnaby Joyce said he was "sanguine" about the shifting political momentum and cautioned the 2028 election would likely show a different result.

"The first thing is don't get carried away. I'm very aware of hubris ... we will concentrate on the here and now," he told ABC Radio.

Sunday's poll was the first Resolve survey to give respondents a choice of three options for preferred prime minister.

Assistant Treasurer Daniel Mulino conceded voters were angry with the high cost of living, but insisted Labor was the only party with solutions to the problem.

"What I'd say about One Nation is that they are very good at identifying grievances, they're not very good at solutions," he told ABC Radio, attacking Senator Hanson's voting record on workers' rights.

The Resolve survey also shows support for ending the 50 per cent capital gains tax discount - a centrepiece of Labor's May budget - has dropped five points in the past month to 31 per cent amid a fierce campaign against the reform.

The number of voters who backed the government's clamp-down on negative gearing also fell two points - although that was within the margin of error - while just 29 per cent supported a new minimum 30 per cent tax rate on trusts.