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Simon Obee from Employment Innovations presents free downloadable employment contract templates for Australian businesses. Available templates cover full-time, part-time, and casual employees. Having an employment contract is crucial as it clarifies the terms and conditions of employment, such as the employee's status (permanent or casual), work hours, entitlement to overtime pay, notice period for termination, and coverage under a modern award, including job classification. Employers are required to provide written information about award coverage. Establishing these details in an employment contract helps ensure clear communication and compliance with legal obligations.