Australia Moves to Ban Non-Compete Clauses for Most Workers, What Does It Mean?
The move will affect anyone earning less than $190,100 a year.
TL;DR
- Draft legislation bans non-compete clauses for Australian workers earning under $190,100.
- The government states this will allow employees to take higher-paying jobs more freely.
- Non-compete clauses prevent former employees from working for rivals or starting competing businesses.
- Industry groups have voiced concerns that the ban is unnecessary and could create risks for businesses.