Before Covid pandemic, DFAT reported there were > 1 million Australians working and living overseas, creating new wealth for Australia's primary capital markets. However, the underwriting policy of Australian insurance companies owned and controlled by multinationals refuse to insure Australian and New Zealand expatriates and their related families, even though they are in low risk DFAT1 rated countries. We have risk writers in Hong Kong, Singapore, Dubai and Abu Dhabi, and only 1 insurer at present accepts them, when ASIC requires our SOA to present 3 competitive quotations. Hon Stephen Jones, in the Australian Constitution it states that there should not be trade restrictions based on borders. For example, Zurich Life Australia in 2010 refused Distribution Agreement with Shenton Limited [AFSL 342895] so from 2012, we were placing A$100K new premium business with Macquarie Life until 2016 when Zurich Australia bought it. On 22 September 2016, Shenton Limited intervened in Federal Court of Australia for the takeover and in front of Judge Foster, Zurich agreed to pay renewal commissions on exiting business, but this Competition Judge did not issue Orders for Zurich to accept continuing new business from Shenton Limited. Hon Stephen Jones, in the interests of all Australian citizens your Government needs to pass new Legislation so Australian families overseas need to be covered by life insurance, because the previous Government passed Legislation that expats on return to Australia, need to pay income taxes for 10 years (5 of which must be continuous) before they qualify for any Social Security benefits. This Legislated tax-time gap needs to be covered with Disability Income Protection, Critical Illness trauma covers etc, which is more important than multinational profits. Minister Jones, please give Aussies overseas "a fair go".