Prime Minister Malcolm Turnbull’s approval rating has soared above that of Opposition Leader Bill Shorten, according to the latest Newspoll.

Mr Turnbull leads Mr Shorten by a whopping 57 per cent to 19 per cent in the better Prime Minister stakes, while 53 per cent of voters are dissatisfied with the performance of the Labor leader.

The Newspoll comes as Mr Shorten celebrates two-years as Labor leader, and reveals only one-in-five voters want him in the nation’s top job, News Corp reported on Monday morning.

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Satisfaction with Mr Turnbull as Prime Minister jumped to 50 per cent which is a four-year high for this measure.

Dissatisfaction with Mr Turnbull also rose, by one point to 25 per cent.

The net satisfaction rate of Mr Shorten has tumbled to negative 25 points, while Mr Turnbull’s is at 25 points.

Only 28 per cent of voters are satisfied with Mr Shorten, while 53 per cent are not. The Newspoll comes as parliament sitting resumes on Monday.

Mr Shorten only holds firm in tying the two-party preferred rating. Photo: Getty

The two party preferred vote is tied at 50 per cent each. In the last Newspoll the Coalition led 51 per cent to 49 per cent.

During this Newspoll’s period, the government has helped negotiate the historic Trans Pacific Partnership Trade deal, been forced to deal with the Parramatta police headquarters terrorist attack and re-shuffle the ministry. 

Mr Shorten’s opposition announced a $10 billion infrastructure building plan, a funding injection to universities and attacked the government as having the same policies, only with a new “salesman”.

A majority of 62 per cent of Australians believe it was right for the Liberal Party to dump Tony Abbott, according to the vote taken four weeks after the change of Prime Minister.

Of the rest, 27 per cent disagreed with the coup while 11 per cent were undecided.

Around 56 per cent of Coalition voters believed it was right to overthrow Mr Abbott, while 36 per cent did not.

While support for the Coaltion fell by one point to 43 per cent, this primary vote is still at an 18-month high.

Labor’s primary vote remained unchanged at a four-month low of 35 per cent.

The Greens gained one point in the primary vote to 12 per cent while independents and other parties stayed put at 10 per cent.

The Newspoll was taken from the 8th to the 11th of October, from 1631 voters.