Australian news and politics live: Poll puts Angus Taylor as preferred PM, Labor reacts to Budget fallout

Senior Labor MP Tanya Plibersek has attempted to brush off the fallout from the Federal Budget, saying people “take time” to understand changes and make up their mind.

“There’s a lot of people who are saying they are in favour of the changes we are making, and there is a big group in the middle that don’t yet understand what has been decided, who we’ve got to talk to and explain,” Ms Plibersek told Sunrise.

“The most important thing to start with is if you are already negatively gearing, you can keep doing it, no change. If you want to negatively gear in the future, what you will do is buy a new property.”

Ms Plibersek said she didn’t want people her age being subsidised to get their fifth or 10th home.

“Pushed on why Australians didn’t yet see Labor’s vision, Ms Plibersek said: “I think that’s pretty normal.”

“People take a little while to listen to everything they are hearing... and they will make their mind up over time.

“Most people that stop me in the street to talk about housing, people my age and older, are worried that their kids and grandkids will never be able to afford a home of their own.”

A new poll has ranked Labor’s Budget the worst since 1993 with a majority of voters declaring the Federal Government’s latest financial blueprint will leave them worse off.

At the same time, the Newspoll found primary support for Labor unchanged, as the Coalition slipped further behind and One Nation continued to surge.

Among the 1252 voters quizzed, 52 per cent believed they would be worse off over the next 12 months as a result of the Government’s tax changes and other measures and only 11 per cent thought their circumstances would improve.

The poll also found 47 per cent of voters felt the budget was driving a wedge between younger and older generations while 26 per cent believed it was rebalancing the playing field and making things fairer.

Published in The Australian, the poll ranked Treasurer Jim Chalmer’s efforts below the Abbott government’s controversial austerity budget in 2014 and the worst since the Keating government’s 1993 budget when Labor abandoned the infamous “L-A-W” tax cuts.

Fallout from Labor’s “broken promises Budget” has continued, with a new poll now putting Angus Taylor as preferred Prime Minister.

The Resolve poll showed Angus Taylor had 33 per cent support, compared to Anthony Albanese’s 30 per cent.

Responding to the poll, Labor’s Minister for Social Services, Tanya Plibersek, said: “It’s one poll”.

“We will keep doing our job of reminding people of why we have made this decision,” referring to the controversial changes to housing policy, CGT and negative gearing,” she told Sunrise.

One Nation MP Barnaby Joyce said Australians were reacting to a Labor “that lied before the election”.

“They lied,” he said again and again.