Aaron Dearden

May 27, 2024 | hallandwilcox.com.au | Aaron Dearden |Matthew Peterson

By Aaron Dearden and Matthew PetersonRestraint of trade clauses are commonly used by businesses to prevent unfair competition by protecting their trade secrets, confidential information, goodwill and other legitimate business interests. Indeed, recent data from a survey conducted by the Australian Bureau of Statistics (ABS)[1] shows one in five Australian businesses (21%) used non‑compete clauses for at least some of their employees in 2023.