Opposition Leader Peter Dutton has overtaken Prime Minister Anthony Albanese as the preferred leader, with Dutton receiving 36% support compared to Albanese's 35%.

Dutton's rise in support is attributed to his rejection of Labor's climate policy and a focus on the economy.

Labor's primary vote has dropped to 28%, the lowest in three years, while the Coalition maintains steady support at 36%.

Voters believe Dutton and the Coalition would better manage the economy, reflecting a growing frustration with rising prices and interest rate hikes.

Dutton's proposed budget includes plans to cut migration intake and deploy nuclear energy.

The survey indicates that cost of living has become the top policy issue for voters.

Despite Dutton's lead in the polls, Labor remains focused on policies to assist Australians.

The Coalition is considering scrapping emissions reduction targets, which could reignite Australia's climate wars.

The political landscape is shifting, suggesting a closer race between the two leaders as economic concerns take precedence over environmental issues.