(Reuters) - Australian female basketball players are set to see their minimum salary levels double over the next four years and gain base-level pay parity with men in the third year, in what the country's basketball bodies called "a historic" deal.

A new collective bargaining agreement will lift the minimum salary for players in the Women's National Basketball League from A$23,000 to A$46,952 ($30,016) by the 2028-29 season, with the league's salary cap jumping by 8% every year.