Their player payment pool is set to be increased from US $1.8 million (£1.3 million/€1.6 million) to $3.2 million (£2.3 million/€2.8 million), which is claimed will make the team the nation's highest-paid team sportswomen.

As part of the increase the maximum retainer for the national team, an annual fee played to each player, will rise to $50,000 (£35,000/€44,000), while the minimum has been raised to $30,000 ($21,000/€26,000).

Additionally the maximum rate for the Women's Big Bash League will be $12,000 (£8,500/€10,500) with the minimum due to be $5,500 (£3,900/€4,800).

Match payments and tour fees have been included as part of the player’s base income for the year.

"Cricket is a sport for all Australians and Cricket Australia will continue to invest heavily in the women's game in the coming years," said James Sutherland, Cricket Australia’s chief executive.

"We are determined to make cricket the sport of choice for women in Australia."

The decision to increase the payment pool has been claimed to be as a result of the high television ratings for the women’s game in the country.

It also comes after their women’s team, who are known as the Southern Stars, reached the final of the International Cricket Council (ICC) World Twenty20 in India.

Their team ultimately were forced to settle for second place, after they were beaten by the West Indies.

"We have worked constructively with the Australian Cricketers' Association to reach this point and will continue to do so in our ongoing efforts to improve wages and workplace conditions for all elite female cricketers," Sutherland said.

"The Commonwealth Bank Southern Stars have achieved great success on the world stage, including making it through to the recent final of the ICC World T20 in India, and are great role models for the next generation of Australia's aspiring female cricketers."