Latest poll shows Rudd factor will save Labor 26 seats
THE second major poll released since Prime Minister Kevin Rudd wrested his old job back from Julia Gillard shows the Labor Party has a pulse.
Mr Rudd's political resurrection delivered a six-point boost to Labor's primary and two-party-preferred votes in Monday's Newspoll.
Despite the tumult of last week, Labor's primary vote has jumped to a six-month high of 35%, while support for the Coalition was down five points to 43%.
Using preference flows from the 2010 election, Labor has narrowed the 2PP gap to 51-49%.
While the Coalition would still win government with such a result, Labor would stand to lose just four seats compared to the 30-seat wipeout it faced according to the previous Newspoll.
Of course the test will now be whether the new-found support holds in the weeks ahead.
The 51-49% result mirrored the result of a Galaxy poll published by News Limited on Sunday.
Both polls also showed Mr Rudd leapfrogging Opposition Leader Tony Abbott as better prime minister by a substantial margin.