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Simon Obee from Employment Innovations discusses free downloadable employment contract templates available for Australian businesses. These templates cater to full-time, part-time, and casual employees. He emphasizes the importance of having an employment contract to clarify the terms and conditions of employment, such as employee type, working hours, overtime payment, notice periods for termination, and award coverage. Providing this information in writing is essential, as employers are obligated to inform employees about their award status. To obtain a copy of the templates, viewers can click the link provided.