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Simon Obee from Employment Innovations discusses free downloadable employment contract templates for Australian businesses. Available for full-time, part-time, and casual employees, these templates provide clarity on essential employment terms. Having an employment contract defines the employee's status (permanent or casual), outlines start and finish times, specifies conditions for additional pay for long hours, and establishes the notice period for termination. It also informs employees about their coverage under modern awards and classifications. Employers are legally required to provide this information in writing, making an employment contract crucial for both parties.