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Simon Obee from Employment Innovations discusses free downloadable employment contract templates available for Australian businesses. These templates cover 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 whether an employee is permanent or casual, their work hours, entitlements for extra pay for long hours, notice periods for termination, and coverage under modern awards. It’s mandatory for employers to provide written information regarding award coverage. The absence of a clear contract can lead to misunderstandings regarding these important aspects of employment.