The resolution of the Parliamentary Assembly of the Council of Europe is aimed at the issue of religious circumcision. Non-religious, non-medical circumcision of minors is not an issue, since it does not occur and if it did would almost certainly not survive legal challenge in most European jurisdictions.
In response to the PACE resolution, the Israeli Knesset launched an international campaign for a new resolution to affirm the "right" to religious circumcision. It has so far gathered 102 supporters among voting members (not a majority). Resolutions cannot be rescinded, by the way, but they are not binding on member states either.
The PACE Committee on Social Affairs, Health and Sustainable Development, which sponsored the original resolution, will be meeting to discuss the issue further on January 28.
Whatever the outcome in Europe, it has only an indirect bearing on routine circumcision in Australia, which is the point at issue here and, as you point out, is already banned in Australian public hospitals.