
Episode #30
What PNG Really Buys With Tax-Free Dollars
Brian To’o is going to the PNG Chiefs — and his signing is bringing the real value of PNG’s tax-free recruitment concessions into sharp focus. The Chiefs will enter the NRL in 2028 under the same salary-cap system as every other club. But eligible players and staff will be able to earn their employment income tax-free under arrangements involving the Australian and Papua New Guinean governments. So what does that actually mean in practice? Fox League estimates Brian To’o’s Chiefs contract at around $600,000 a season tax-free . Under current Australian tax rates, an Australian club would need to pay a player roughly $1.07 million before tax to generate similar take-home income. Zoom out across an entire roster and the difference in purchasing power becomes even more significant. Using the NRL’s last published Top 30 salary cap of $12.1 million , Scott runs a simplified thought experiment showing that an Australian club could need almost $21 million in gross salaries to generate similar total take-home income if PNG’s cap were divided evenly across 30 tax-free players. PNG does not literally have a $21 million salary cap. But the comparison helps explain why saying “the salary cap is the same” doesn’t tell the whole story. And there could be an even bigger consequence for the NRL player market: PNG doesn’t have to sign your player to affect what your club pays him. Scott explores how tax-free Chiefs offers could give players greater negotiating leverage, potentially forcing rival clubs to spend more of their own salary caps simply to retain their stars. With Jarome Luai, Zac Lomax, Brian To’o, Connor Watson, Matty Lees and Alex Johnston already signed, we’re beginning to see what PNG’s tax concessions can buy in the real world. Moneyball explores the intersection of sport, money, media and culture , hosted by Scott Keenan. YouTube & Instagram: @askmoneyball_show Contact: askmoneyball.show@gmail.com






