The Morrison government will enter the election campaign lagging Labor by up to 10 percentage points, according to an exclusive new poll, which also shows last week’s federal budget was given a lukewarm reception by voters and may not provide the boost required.

In the first of a new series of Ipsos polls to be conducted for The Australian Financial Review between now and the May election, Scott Morrison has a much higher disapproval rating than Labor leader Anthony Albanese, especially among women, but there is little difference between the two in terms of preferred prime minister