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Simon Obee from Employment Innovations discusses free downloadable employment contract templates available for businesses in Australia. These templates cover full-time, part-time, and casual employees. He stresses the importance of having an employment contract to clarify terms and conditions of employment, including employee status (permanent or casual), work hours, extra pay for long hours, notice periods for termination, and award coverage obligations. Employers must provide this information in writing, as it helps ensure certainty and compliance in employment relationships.