Why are non-compete/restraint clauses required in employment contracts?

On 25 March 2025, the Australian Government announced a proposal to ban non-compete clauses for employees earning less than the high-income threshold. The Government has consulted on the reform to non-compete clauses and on potential additional reforms to other restraints on workers. In this article, Stephens Lawyers and Consultants discusses a recent case which demonstrates why non-compete clauses should be maintained in employment contracts.