W-League players will earn the same minimum hourly wage as their A-League counterparts under a commitment to increase their pay by a third.
Football Federation Australia and players' union have signed off on a one-year extension to the collective bargaining agreements underpinning each of the leagues.
The minimum W-League remuneration will increase by 33 percent to $16,344, bringing them in line with the men when the shorter season is factored in.
A-League clubs will meanwhile benefit from a 4.5 percent increase in the salary cap to $3.2 million.
Newcomers Western United have been provided with a bonus allowance of $400,000, taking their salary cap to $3.6 million.
A $200,000 cap on loyalty player and homegrown player payments has also been removed to encourage player retention across the league.
"We're very proud that we have been able to anchor the minimum conditions for W-League players to those of A-League players," Professional Footballers Australia chief John Didulica said on Friday.
"It's a moment in time that the players should be proud of.
"There is also now a commitment from the players, the clubs and FFA to use this 12-month window to work in partnership.
"This partnership will be critical to ensuring a successful transition to an independent league when agreed and to effectively reform and evolve fundamental areas such as the salary cap, transfer system, the W-League and building out the youth competitions."