The federal coalition has failed to get an instant popularity bounce from the federal budget, two new polls show.
The Sky News-ReachTel poll taken on Thursday night gave Labor a 53-47 two-party preferred lead over the coalition. A 7News-ReachTel poll put the figure at 54-46 in Labor's favour.
Asked in the Sky News poll about the impact of the budget, 51.6 per cent of voters believed they would be worse off as a result, with 10.8 per cent saying they would be better off and 37.6 per cent saying things would be about the same.
However in better news for the government, the proposed levy on the five biggest banks was supported by 62.1 per cent of respondents, with 8.3 per cent opposed and 22 per cent undecided.
The government's plan to lift the Medicare levy to 2.5 per cent for most workers had softer support.
The poll showed 48.2 per cent supported the levy to pay for the national disability insurance scheme, with 34.1 per cent rejecting it and 17.7 per cent undecided.
Voters in the 7News poll had mixed views when asked to rate the budget.
While 28.9 per cent of voters said it was very good or good, 37.6 per cent said average while 33.4 per cent rated it poor or very poor.
The bank levy was supported by 60.2 per cent, with 22 per cent undecided and 17.8 per cent against.
The 7News poll had slightly stronger support for the Medicare levy than the Sky poll, with 50.5 per cent in favour, 28.4 per cent opposed and 21.1 per cent undecided.
