Day job contract seems like it could own the IP to my side project?

Hello fellow hackers, I recently got offered a job as an Architect at a small company in Australia But when I read through the contract , the verbiage seemed like they would own all the IP, including the stuff I work on outside of work hours. Does this mean they would own my side project too? Do I need to have a lawyer look at it?

Here’s a snippet of the contact. Have you come across something like this?

Inventions means any invention, discovery, idea, development, process, plan, design, formula, specification, program including computer software and any other matter or work whatsoever including any and all improvements or modifications made to any Work or other matter or work which the Architect may conceive, create or develop (whether alone or not and whether before or after this Agreement is signed), regardless of whether or not conceived, created or generated at the direction of the Company, within the scope of the Architect's employment or was created during or outside of work hours;
Works means any work, manual, process, article, presentations, figures, notes, diagrams and any other materials whatsoever (and in each case whether electronic or in any other material form), which the Architect may conceive, create or develop (whether alone or not and whether before or after this Agreement is signed), regardless of whether or not conceived, created or generated at the direction of the Company, is within the scope of the Architect's employment, or was created during or outside of work hours.

Intellectual property and moral rights
(a) (b) (c)
The Architect acknowledges that the Company is the absolute owner of all Intellectual Property Rights in the Works and the Inventions.
The Architect must disclose to the Company all Works and the Inventions whether capable of attracting Intellectual Property Rights or not.
The Architect agrees to do all such things as may be requested by the Company to confirm or protect the Company's title in the Intellectual Property Rights in the Works and the Inventions, including by:
(i) assigning to the Company all the Architect's existing and future Intellectual Property Rights in the Works and the Inventions (whether during or after the cessation of the employment) at the Company's expense;
(ii) applying, executing any instrument and undertaking to do all things reasonably requested by the Company to vest the registration of title or other similar protection to the Company; and
(iii) ensuring all Intellectual Property Rights in the Works and the Inventions become the absolute property of the Company.
The Architect irrevocably consents to all or any acts or omissions by the Company, which may infringe the Architect's Moral Rights in any of the Works and Inventions and agrees to take no action or proceedings against the Company for such breach.
The Architect agrees that the Architect's obligations under this clause 14 will survive the cessation of the employment and will be enforceable at any time at law or in equity and will continue to the benefit of and be enforceable by the Company.