The salary cap's been reduced six percent to 9.02 million Australian dollars for the next two campaigns.

The deal ensures job security for players who don't have the insurance of income from a sold-out Mount Smart stadium or a leagues club like other teams.

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Other Business News

21 Feb: Two dogs have been impounded by Christchurch Council Animal Management officers and three people are in hospital after an attack in the North West

21 Feb: A economist says New Zealanders appear to have gotten a spending hangover

21 Feb: Work by dozens of artists is being showcased on Auckland's waterfront today

21 Feb: Central Otago is today moving to a prohibited fire season

20 Feb: Hopes are lifting among Auckland businesses for the economic recovery

20 Feb: Fonterra is raising its forecast payout to farmers, following the latest rise in global dairy prices

20 Feb: Fonterra's announced an extra dividend for farmers - as it pushes ahead with the sale of its consumer arm

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RUGBY
It's a Super Rugby "rinse and repeat' moment for Highlanders coach Jamie Joseph More...

BUSINESS
Two dogs have been impounded by Christchurch Council Animal Management officers and three people are in hospital after an attack in the North West More...

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Entertainment:
Shia LaBeouf has addressed his Mardi Gras arrest with a brief social media message hours after being released from jail 19:47

Entertainment:
Kurt Cobain's death has been branded a potential murder by the police officer assigned to audit his death 19:17

Rugby:
It's a Super Rugby "rinse and repeat' moment for Highlanders coach Jamie Joseph 18:57

Entertainment:
Taylor Swift has been confirmed by IFPI as the Official Biggest-Selling Global Artist of the Year 2025 18:47

Cricket:
28 years after their inception, the Northern Districts women's cricket team have won their first national title in any format 18:37

Rugby League:
One of the best players in the game is likely to miss the start of the NRL season 18:27

Entertainment:
Katie Price has suggested she is expecting a child with her new husband Lee Andrews 18:17

Politics:
How a window opened for IS-linked Australians to leave Syria 18:17

Business:
Two dogs have been impounded by Christchurch Council Animal Management officers and three people are in hospital after an attack in the North West 18:07

Entertainment:
Sharon Stone has unleashed a fiery takedown of society's ongoing discomfort with nudity, blasting the idea that women should hide their bodies - or be ashamed of the most basic parts of being human 17:47

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