From piperalderman.com.au: (Podcast) The Federal Budget announced plans to ban “non-compete” clauses in employment contracts for employees earning below $175,000 per annum, expected to take effect in 2027.

Experts discuss the implications of this ban, emphasizing the need for alternative strategies to protect confidential information and intellectual property as reliance on such clauses diminishes.

The podcast episode also highlights the importance of adapting business practices to accommodate increased labour mobility and the changing legal landscape.