Treasurer Jim Chalmers has flagged a crackdown on the use of non-compete clauses after a new report showed one in five employers limit their workers from joining competitors or from starting their own business.
The Australian Bureau of Statistics released the figures on Wednesday following the completion of a survey of about 5000 businesses on so-called “restraint clauses”.
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Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com
