Current aggregate: 54.2 to Labor (+0.3 since last week, +2.9 in five weeks)
Tracking graph (smoothed)
After holding a slim and by no means election-winning polling lead for five months from November 2013 to April 2014, the Labor Opposition moved into a clear and widening polling lead in the weeks surrounding the 2014 Budget, and would easily win a hypothetical election "held now". The polling position of the Coalition is roughly comparable to the two worst slumps of John Howard's first term, but many federal governments have recovered from similar, and in at least four cases worse, polling situations.
The federal budget is among the worst received in the last 27 years, second only to the 1993 "horror budget" in terms of its perceived impact on poll respondents and providing the worst ratings since the early 1990s in terms of perceptions of its impact on the economy. Tony Abbott's personal ratings are among the worst recorded in one pollster's history (Nielsen), while in another's (Newspoll) they do not stand out so much, but are nonetheless the worst results he has recorded since late 2012.