One Nation has leapfrogged Labor to become the country’s most popular political party as the federal government’s budget flops, a poll has found.

The Redbridge Group/Accent Research poll, published by The Australian Financial Review on Monday, shows support for One Nation at 31 per cent compared to Labor at 28 per cent and the Coalition on 20 per cent.

That was a rise of four points in favour of One Nation, while Labor’s primary vote was down three points and the Coalition was down two points since the last survey a month ago.

Support for the Greens dipped one point to 12 per cent and backing for the “other” category of parties rose two points to 9 per cent.

The poll said 63 per cent of respondents believed Australia was heading in the wrong direction, a result Redbridge director Tony Barry said helped explain One Nation’s surge.

“That pervasive negative mood sentiment is fuelling more anti-establishment support and a view among a growing cohort of voters that the answer lies outside established norms and major parties,” Barry said.

Labor still leads One Nation 51 per cent to 49 per cent on the Redbridge poll’s two-party-preferred basis, calculated by asking respondents how they would direct their preferences.

Prime Minister Anthony Albanese remains preferred PM, with 31 per cent support, while One Nation leader Pauline Hanson is on 25 per cent and Liberal leader Angus Taylor on 14 per cent.

Albanese’s lead on the measure dropped two points and Hanson’s rose by two points. Taylor’s was unchanged.

The poll of 1005 voters was conducted between Monday and Thursday, and has a 3.4 per cent margin of error.

It found Hanson’s net favourability — her approval rating minus her disapproval rating — was zero, the highest of the political leaders.

No Australian politician had a positive net favourability rating: Albanese was on -19 while Taylor and Nationals leader Matt Canavan were both on -4.

Before the poll was released, Hanson told Sky News on Sunday she believed she was capable of running the country.

“Do I want to be prime minister? Well, I tell you what, I won’t knock the job because I believe that I have the ability to do it,” she said.

“I’m not going to underestimate myself or say, ‘no, I can’t do it,’ because you know, have a look at what we’ve got now. That’s why we’re in a mess.”

She said she had confidence One Nation MPs would be able to form a competent cabinet if her party won government.

“I’m getting a great team around me, and even those members of parliament that I have now, they’re great, down-to-earth — the experience and knowledge they have behind them, it’s marvellous,” Hanson said.

Hanson again said she was considering moving to the lower house at the next election in 2028. She did not say which seat she wanted to contest.

By convention, Australia’s prime minister serves in the lower house rather than the Senate.

“I’m not making a decision now and I’m not going to tell anyone what I’m doing at this moment because I haven’t clearly made up my mind,” Hanson said.

-with AAP