What are the trade secrets laws in Australia?

Trade secrets in Australia, often known as confidential information, are protected through the common law action of breach of confidence. This requires the information to have a necessary quality of confidence, be imparted in circumstances importing an obligation of confidence, and there be unauthorised use or disclosure. Unlike patents or trademarks, trade secrets are not registered. Protection strategies, such as non-disclosure agreements and secure handling, are vital. Regular interactions with our IP lawyers can help businesses effectively protect and leverage their trade secrets.