Labor’s non-compete crackdown has arrived, with plans to keep restrictions for high-earners only
Non-compete clauses for workers earning under $190,100 a year will be banned under draft legislation to be released on Monday.
Non-compete clauses for workers earning under $190,100 a year will be banned under draft legislation to be released on Monday.
The Albanese government has long argued non-compete clauses, which can prevent workers in specialised fields from joining a competitor, are unfairly constraining workers with less bargaining power.
Those clauses can needlessly prevent construction workers, hairdressers, and childcare workers from easily finding new employment or a higher wage, the government said.
Research from the e61 Institute found the ban could lift the wages of an average worker, currently under a non-compete clause, by $2,500 a year.
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