The Coalition has doubled down on calls for Anthony Albanese to call a federal election over his broken tax promises – despite polls predicting an imminent electoral wipe-out for both the Liberals and Nationals amid a surge in popularity for One Nation.

Last week, polling by Redbridge Group and Accent Research found the far-right party could clinch up to 59 seats if an election were held in May, unseating the Coalition in every state except NSW, Victoria and the NT.

The figures predicted Opposition Leader Angus Taylor had a 98 per cent chance of losing his seat of Hume to a One Nation candidate, while Canning MP Andrew Hastie had a 100 per cent chance of the same.

It also found the Nationals would be cleared out of the lower house entirely with zero MPs left, while the Liberals would retain seven seats. In this scenario, One Nation would subsequently become the federal opposition.

Despite this, both Mr Taylor and Nationals leader Matt Canavan have called on the Prime Minister to call an early election, citing Labor’s reversal on its pre-election tax promise.

Senator Canavan told Sky News he wasn’t “scared of the Australian people.”

“I’m not running scared from that,” he said on Friday.

“I’m no fool. Blind Freddy can see we face challenging political circumstances right now, but I also have great faith and courage in the common sense of the Australian people.”

He conceded both the Liberals and Nationals were “going through a difficult time” but claimed the situation wasn’t more dire than when polls had predicted the Coalition to beat Labor at the election last year.

“So, I think you’d go crazy if you spent your whole time citing your political strategy based on polls,” he said.

“And I certainly have never done that as a member of parliament.”

“What I do is decide what I think is right for our country and fight like hell for it.”

Mr Taylor earlier told 2GB Labor should have taken the CGT and negative gearing changes to the last election, criticising the government for what he describes as a tax on “aspiration”.
“It should have gone to an election and we will make sure it does go to an election … we will take to the next election, a policy to repeal it,” he told 2GB.
“And the arrogance of this Prime Minister to do what he has done and not take it to an election in the first place, because he hasn’t got the guts.

“In the end, he hasn’t got the courage, and that’s because he knows, under scrutiny, these policies will pull up at odds with what Australia needs right now.”

Mr Albanese had previously vowed not to touch negative gearing or the capital gains tax should Labor retain government ahead of the last federal election.

But Treasurer Jim Chalmers confirmed in the May 12 federal budget the government would scrap the 50 per cent CGT discount in favour of an indexation model and wind back negative gearing for existing builds.

Both Mr Albanese and Mr Chalmers have conceded the government had come to “a different view” on the tax settings since the last election but insisted it was the right move to tackle intergenerational unfairness in the housing market.

The reforms have drawn the ire of the Coalition, which has pledged not to support the government’s legislation in the upper house, leaving Labor to rely on the Greens to push the bill through parliament.