Players need incentive to live in PNG compound, says Albanese
Prime Minister Anthony Albanese has endorsed tax breaks for the Papua New Guinea (PNG) Chiefs, aiming to attract players to the new NRL team. He emphasized the need for incentives for players to live in PNG, given the unique circumstances they will face. The Chiefs are set to become a financial powerhouse in the league with significant government backing and tax-free earnings.
- ▪Albanese's government approved tax exemptions for the PNG Chiefs to enhance their competitiveness.
- ▪The Chiefs have already signed notable players like Jarome Luai on lucrative tax-free deals.
- ▪The team is expected to enter the NRL in 2028, with several players considering moves to PNG.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.