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Simon Obee from Employment Innovations introduces free downloadable employment contract templates for Australian businesses, available via a link. The templates cater to full-time, part-time, and casual employees. He emphasizes the importance of having an employment contract, which clarifies the terms and conditions of employment, such as employee status (permanent or casual), work hours, overtime pay, notice periods for termination, and award coverage. Employers are obligated to inform employees about their award classification in writing. Establishing these details in a contract helps prevent misunderstandings regarding employment terms.