Labor's primary vote has dropped to 34 per cent while the coalition's primary has increased to 38 per cent, a Resolve Political Monitor poll published by the Sydney Morning Herald shows.
When it came to power last March, Labor had a primary vote of 37 per cent while the coalition's was 35.4 per cent.
Premier Chris Minns is still preferred by 35 per cent of voters polled but Opposition Leader Mark Speakman's popularity has risen three percentage points to 16 per cent.
Treasurer Daniel Mookhey says new poll results are a "sobering reminder" for the Minns government. (Bianca De Marchi/AAP PHOTOS)
Treasurer Daniel Mookhey described the results as a "sobering reminder" for the Minns government.
"Obviously we can lift our game, I'm the first to accept that," he told Sydney radio 2GB.
"I'm not surprised by the fact that people expect more from this government.
"It's a sobering reminder to us that we have to stay focused on what the people of NSW elected us to do, which is to get on with the job of rebuilding essential services and deal with cost of living pressures."
Mr Mookhey said over the past 12 months, the Labor government had been dealing with "standard turbulence" any government could expect to deal with.
But cost of living pressures were continuing to take its toll on residents with the poll indicating voters expected more support.
"We've made good progress," Mr Mookhey said.
"We have delivered the biggest pay rise to essential workers in more than a decade and we're talking again with them about how we can support them more."
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