Voters like Treasurer Josh Frydenberg's big spending federal budget but not enough to increase their support for Scott Morrison, a Newspoll survey shows.
Labor is holding on to its slim 51 to 49 two-party-preferred lead, according to the latest Newspoll published in Monday's edition of The Australian newspaper
The poll found widespread support for the budget, with 44 per cent of those surveyed thinking it will be good for the economy as it continues toward a post-COVID-19 recovery.
Only 15 per cent of voters thought it would be bad for the economy.
However, a record 62 per cent of people could not say whether they would be better or worse off - the highest number since the question was first asked in 1999.
The post-budget poll shows the coalition remains on an unchanged primary vote of 41 per cent.
Prime Minister Morrison suffered a two-point fall in net approval, with his satisfaction rating falling a point to 58 per cent and dissatisfaction rating rising a point to 38 per cent, resulting in a net approval rating of plus 20.
Mr Morrison maintained his dominance over his rival Anthony Albanese as preferred prime minister despite dropping a point to 55 per cent. The opposition leader remained on an unchanged 30 per cent.
Labor's popularity has fallen two points to 36 per cent, with Mr Albanese also suffering a fall in approval ratings in the wake of his budget-in-reply speech pitched at social housing and wage growth, The Australian reports.
Dissatisfaction in his performance as Labor leader rose three points to 46 per cent while satisfaction fell a point to 39 per cent, leaving him with a worsening net position of minus seven.
The Greens have lifted from 10 per cent to a post-election high of 12 per cent.
One Nation fell a point to its equal post-election low of two per cent with support for other minor parties lifting a point to nine per cent.
The largely unchanged position for the coalition sees the government locking in gains made on the last poll following the height of the electoral damage triggered by the rape allegations which had plunged the coalition to its lowest level in the polls since the bushfire crisis..
Australian Associated Press