In a significant shift in Australian politics, the far-right populist party One Nation has overtaken the ruling Labor party in a national opinion poll for the first time. According to a poll conducted by Redbridge Group and Accent Research, One Nation's support rose to 31%, a four-point increase from the previous month, while the Labor party saw its support drop to 28%, a decline of three points. The conservative coalition opposition also experienced a decrease, falling to 20%. This polling follows the government's recent budget announcement on May 12, which included substantial changes to property taxes aimed at addressing intergenerational inequity. However, these measures have not resonated well with voters, particularly among younger generations, with only 26% of Millennials and 13% of Gen-Z voters believing the budget would be beneficial for them. Despite One Nation's rise, Labor maintains a slight lead over One Nation on a two-party-preferred basis, with 51% to 49%. The poll surveyed 1,005 voters between May 25 and May 28, with a margin of error of 3.4%. One Nation, led by Pauline Hanson, has historically held a marginal presence in parliament but is now capitalizing on voter concerns regarding high living costs and economic uncertainty.