Australia's immigration levels fell last year, official data showed on Thursday, as its centre-left government seeks to combat an ascendent far-right riding a wave of public discontent over soaring housing prices and cost of living. Australia's Labor government is seeking to boost the supply of housing and lower costs through tax reforms.

While the drop will please Labor, which has been under siege from opponents over immigration, one expert warns further policy tightening is required.

SYDNEY: Australia’s immigration levels fell last year, official data showed on Thursday, as its center-left government seeks to combat an ascendent far-right riding a wave of…