A new poll has One Nation ahead of Labor as the most popular political party, as the Albanese Government loses some skin in the wake of the budget.

And One Nation leader Pauline Hanson isn't ruling out becoming prime minister in the future, saying she "has the ability" and is considering a tilt at a lower house seat at the next election.

Meanwhile, the Coalition has seemingly failed to capitalise on voter discontent with the budget, so will new Liberal Party President Tony Abbott rejuvenate the base?

Patricia Karvelas and Jacob Greber break it all down on Politics Now.

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