In a major potential implication for what is perhaps the inevitable practical death of the validity of common law (ie contractual) restraint of trade covenants in employment contracts, the Supreme Court of Victoria has held invalid restraints of trade provisions in an employment contract on the basis that the restraints were unreasonable and therefore unenforceable thus dismissing claims by the employer to enforce them;
see https://www.austlii.edu.au/cgi-bin/viewdoc/au/cases/vic/VSC/2024/672.html
At the same time the Federal government has signalled that it is contemplating banning such terms by legislation.
2nd Chapter Pty Ltd & Ors v Sealey & Ors (No 2) (No 2) [2024] VSC 672