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Simon Obee from Employment Innovations introduces free downloadable employment contract templates for Australian businesses, available via a provided link. Templates cover full-time, part-time, and casual employees. Having an employment contract in place provides clarity on terms and conditions, such as employee status, start and finish times, overtime pay, notice period, award coverage, and classification. Employers are obligated to provide written information on award coverage. An employment contract is essential for establishing and maintaining a clear working relationship with staff.