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Australia Moves to Ban Genetic Testing for Life Insurance

9/26/2025

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Summary

Story summary

Australia proposes draft legislation to ban genetic testing for life insurance underwriting, announced September 24, 2025 by Financial Services Minister Daniel Mulino.
The ban would prevent adverse genetic test results, with strict liability and civil penalties; oversight rests with the Australian Securities & Investments Commission (ASIC).
Public consultation runs until October 12, 2025; 97% of insurers support the ban.

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Story summary

Australia proposes draft legislation to ban genetic testing for life insurance underwriting, announced September 24, 2025 by Financial Services Minister Daniel Mulino.
The ban would prevent adverse genetic test results, with strict liability and civil penalties; oversight rests with the Australian Securities & Investments Commission (ASIC).
Public consultation runs until October 12, 2025; 97% of insurers support the ban.