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Simon Obee from Employment Innovations presents free downloadable employment contract templates for businesses in Australia, available via a link. The templates cater to full-time, part-time, and casual employees. Establishing an employment contract is crucial as it clarifies employment terms and conditions, such as employee status (permanent or casual), work hours, entitlement to extra pay for long hours, notice periods for termination, and classification under modern awards. Employers must provide written information regarding award coverage, and failing to outline these details in a contract can lead to uncertainty.