Parliament of Australia is a state-owned entity headquartered in Australia, employing approximately 710 individuals. Its main product is government administration.
The Parliament of Australia passed legislation on April 1, 2026, prohibiting life insurance companies from denying or limiting coverage based on genetic testing information. This move, which applies to contract decisions made from October 2026, aims to prevent genetic discrimination, improve public confidence, and remove barriers to genetic testing. Earlier in April 2026, the Joint Standing Committee on Treaties (JSCOT), a key parliamentary committee, recommended ratifying a new defence treaty with Papua New Guinea, known as the Pukpuk Treaty, intending to elevate the relationship to a formal alliance and strengthen ties. Previously, on November 5, 2025, Australia’s Parliamentary Joint Committee on Corporations and Financial Services initiated an inquiry into the insurance sector, focusing on products and the regulatory environment affecting small businesses, not-for-profit groups, and community organisations amid ongoing concerns about rising premiums and limited availability.
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