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Worriers' Cap

Discussion in 'Rugby League Forum' started by The Who, Mar 26, 2012.

  1. The Who

    The Who Well-Known Member

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    I've raised this question before but no-one has given me an answer, and with reports that the Worriers are chasing Foran it is relevant:

    Do the Worriers work under an $A or $NZ cap?

    If it is an $A cap as I presume, it gives them 30% more buying power than all Australian clubs because $A1 = $NZ1.30. So they can offer any player, say, $100,000 a season which, when that player lives, plays and spends in NZ is equivalent in value to $130,000.

    Am I right?
     
  2. jabroni

    jabroni Member

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    Yes, but 130k nzd, would buy you an equivalent of 100k aud, so no difference at all really. Housing would be cheaper, but similar situation to someone living in penrith compared to eastern suburbs.
     
  3. The Who

    The Who Well-Known Member

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    No, it's not the same. If I'm living in NZ my $NZ130,000 goes way further than if I'm living in Brookvale on $A100,000!
     
  4. jabroni

    jabroni Member

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    Ever bought a magazine and seen the kiwi cost compared to the aud cost? How about buying a tv worth 1000usd on eBay, it works out the same when converted to aud or nzd?

    Housing affordabity is also no different to buying in mt druitt compared to vaucluse. Should the roosters be given double penriths cap cos houses are twice as expensive on the eastern suburbs?
     
  5. Dan

    Dan Administrator Staff Member Administrator 2016 Tipping Competitor

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    They work in Aussie dollars, you have asked this before and it was answered last year I believe.
     
  6. The Who

    The Who Well-Known Member

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    Sorry but your explanation doesn't make sense to me.
    The high cost of living in Sydney compared to other States was the reason the AFL gave the Sydney Swans extra in their cap to compensate.
    So, yes, the Roosters are at a disadvantage to Penrith, Newcastle, Townsville and NZ (in particular) because everything is much more expensive in the Eastern Suburbs.
     
  7. Masked Eagle

    Masked Eagle Well-Known Member

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    So you want the Roosters to be given a higher salary cap then?
     
  8. jabroni

    jabroni Member

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    I didn't think it would. In your simple world, each club should be given indexation on what basis? Food prices don't vary too much, but living does. What about petrol and tolls? What about players who live in different areas, ie joe g? It will never be entirely equitable, remove your socialist view point and realise that some players get more, some less, some save, some gamble, some open businesses, some have rich parents, some pay child support. Stop being so nit picky. If you could, please give us your indexation assumption, and let us know what basis you are making the assumption on, then as a collective brains trust, we'll let u know what we think.
     
  9. The Who

    The Who Well-Known Member

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    Me a socialist? You have jumped to a very big, and wrong, conclusion. But the salary cap is socialism - an attempt to even everything out. But if you get back to my original point: $A1 buys 30% more in NZ, so why isn't NZ'd salary cap set at $4.3-M NZ dollars?
     
  10. Fluffy

    Fluffy Well-Known Member

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    Incorrect, $1 AUD buys about the same in NZ, the product just costs more in $NZ.

    There are other factors like tax etc that come into it as well as exchange rate, right now with the strong aussie dollar they are probably getting a good deal but if it were the other way then they would be getting ripped off
     
  11. The Who

    The Who Well-Known Member

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    Thanks. I'll leave it at that explanation.
     
  12. mozgrame

    mozgrame Well-Known Member

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    The tax rates differ between Aust and N.Z. also.

    If you earn between $48 001 - $70 000 in NZ, the tax rate is 30%.
    If you earn above $70 001+ the rate is 33% and that's where the table seems to end.

    In Aust, if you earn between $80 001 - $180 000, the tax rate is 37%.
    $180 001+ and the tax rate is 45%.

    I got these figures from the ATO and they are for the year ending 31 March 2012. Jason Hetherington was seriously considering a move to the Warriors when his career was winding down based on the tax system alone.
     
  13. The Eagle

    The Eagle Well-Known Member

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    Mozgrame,Our taxing system is ****ing disgusting

    45c is bull****
     
  14. mozgrame

    mozgrame Well-Known Member

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    Yeah mate, i know. It puts what the players earn into perspective doesn't it.
     
  15. Volley

    Volley Well-Known Member

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    I'd imagine the idea of moving overseas isn't the most appealing for a lot of players, which also evens up any perceived advantage the Warriors might have.
     
  16. Supernintendo Chalmers

    Supernintendo Chalmers Well-Known Member

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    is joe g's salary less than everyone elses because he lives out near penrith?
    lol.
     
  17. The Who

    The Who Well-Known Member

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    But it would help them retain the NZ players.
     
  18. SeaEagleRock8

    SeaEagleRock8 Sea Eagle Lach Staff Member Premium Member 2016 Tipping Competitor

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    You both have odd ideas about socialism.

    The salary cap has nothing to do with socialism. It is a rule imposed by the NRL and is designed to make its product more profitable in the marketplace. A simple business tactic, pure and simple

    As surely even you two would be aware, restricting wages is a hallmark of capitalism.
     
  19. The Who

    The Who Well-Known Member

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    You both have odd ideas about socialism.

    The salary cap has nothing to do with socialism. It is a rule imposed by the NRL and is designed to make its product more profitable in the marketplace. A simple business tactic, pure and simple

    As surely even you two would be aware, restricting wages is a hallmark of capitalism.
    [/quote]

    Wow. I've been running my own business for 30 years now and if I tell my staff that they can't earn any more I'm going to be accused of being a Capitalist? Gee, I learn new things every day.
     
  20. The Eagle

    The Eagle Well-Known Member

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    So Cronk will be on about 490k after tax lol

    :S very weak
     

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