Original article by David Marin-Guzman
The Australian Financial Review – Page: 6 : 5-Jun-24
The federal government is reviewing the use of non-compete clauses in employment contracts, amid growing concern that they have become too prevalent. The issue will be on the agenda for the ACTU’s upcoming triennial congress, and the union movement will push for a blanket ban on the use of these clauses. ACTU assistant secretary Joseph Mitchell says post-employment restraints are having a "chilling" effect on the labour market. However, economists favour imposing restrictions on the use of these clauses instead of a total ban, arguing amongst other things that they are needed to protect the intellectual property of business start-ups.
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