wtf? off topic againIt couldn't be exploited without the knowledge and assistance of the player managers.
The cost of living difference today is 15.76%.
The cost of living allowance is, or was 9.8%.
Source: http://www.numbeo.com/cost-of-livin...untry2=Australia&city1=Melbourne&city2=Sydney
So by your definition, the COLA is marginal at best. Got anything else, genius?
All this has been covered in other threads in detail, you are being disingenuous by just cherry picking the bits that support your argument. Please read those threads before embarrassing yourself further.
These figures don't take into account the players spending habits. If they buy a house then they have no rent to pay so there is no meaningful difference in cost of living. Yes the house might cost more, but they keep that value, it's not lost money - in fact due to the effect of compounding returns, when they one day sell that place they are even further ahead. Also it doesn't take into account why rent is higher. Maybe because it is nice warm weather and 10 minutes from a great surf beach. Well in Melbourne you could pay double the rent and you're still an hour and a half from a great surf beach and the water's 5 degrees colder. With the higher rent comes other advantages such as this - but you don't see that in your cherry picked stats. Also players who earn 400K don't spend all of their money on living expenses, they save and invest a lot of it, so increased cost of living is meaningless for people who earn above average wage - that is the concept behind the AFL's new system.