CANBERRA, ACT, March 25 -- The Treasurer of Australia issued the following media release:
The Albanese Government is taking action to stop unfair non‑compete clauses that are holding back Australian workers from switching to better, higher‑paying jobs.
We will ban non‑compete clauses for most workers that have no justification and drag down wages.
This Budget is backing workers, boosting wages and building a stronger economy.
Reforming non‑compete clauses is about encouraging aspiration, unlocking opportunity, lifting wages, and making Australia's economy more dynamic and competitive.
Workers should not be handcuffed to their current job when there are better opportunities available for them.
Right now, more th...