One Nation has closed the gap to Labor to just three points in the latest News24.com.au Pulse / YouGov poll.

Labor now sits on 29 per cent of the primary vote, up one point, while Pauline Hanson’s One Nation climbed two points to 26 per cent.

The Coalition fell one point to 21 per cent, leaving it five points behind One Nation, while the Greens were unchanged on 12 per cent.

The polling, conducted from August 18-24, comes after a difficult sitting period for the government, despite Labor securing several legislative wins.

During the sitting fortnight, Labor passed its NDIS reforms with Coalition support, but was forced to cut a deal to urgently scrap its “widow’s tax”.

Labor also passed its gambling advertising reforms, although the legislation was criticised by the crossbench for not going far enough.

However, these legislative wins were somewhat overshadowed by a series of political controversies.

These included Veterans’ Affairs Minister Matt Keogh disrespecting a group of decorated veterans, and Mr Albanese facing further fallout over his “melons” comments.

The so-called “melongate” controversy has been a sticky political distraction for the Prime Minister, who refuses to admit he needs to apologise to Japan.

The accumulation of scandals and political missteps has occurred as voters continue to identify cost of living as their dominant concern.

The latest polling shows the cost of living remains the most important issue, followed by immigration, housing and the economy.

The latest poll found Mr Albanese’s satisfaction rating had fallen to a net -24, with just 35 per cent satisfied with his performance and 59 per cent dissatisfied.

Opposition Leader Angus Taylor also recorded a negative rating, with 33 per cent satisfied and 49 per cent dissatisfied, resulting in a net -16.

Despite his worsening satisfaction rating, Mr Albanese increased his lead as preferred prime minister over Mr Taylor, moving to 44 per cent compared with 37 per cent.

He also led One Nation leader Pauline Hanson 52-37, increasing his advantage to 15 points.

YouGov Director of Public Data Paul Smith said the result presented a combination of low satisfaction with Mr Albanese, but no appetite for his political rivals.

“In an election held now, Labor would easily win with the lowest election-winning primary vote ever,” Mr Smith said.

“Unusually, dissatisfaction with the Prime Minister is rising while at the same time voters are increasing their preference for him as preferred PM.

“Albanese’s strength is that he is seen as more capable at running the country and more trustworthy.

“But Pauline Hanson leads on being in touch with ordinary people, with a wider lead among working class voters.”

Labor led the Coalition 53-47 on a two-party preferred basis, and beat One Nation, with a result of 56-44.

The News24.com.au Pulse / YouGov poll of 1510 voters was conducted online between August 18 and 24.