Melbourne:Cricket Australia is looking to encash the IPL's hugely successful formula by revamping their existing domestic competition and planning an extravaganza involving international stars and overseas teams.
ECB on Wednesday unveiled the English Premier League - to include 18 counties and two overseas teams divided into two divisions - to get underway in 2010, after smaller counties rejected the initial plan of having an IPL-style nine-team tourney.
"We're really aware of a lot of things that are developing at the moment in Twenty20 cricket, particularly with domestic competitions," CA Chief Executive James Sutherland was quoted as saying by 'The Age'.
"We're already on the record as saying we are planning a revamp of our Twenty20 Big Bash. It will be a larger and (on) different scale in 2009-10, but we see that there is a lot to learn from other parts of the world and we are closely monitoring that," he added.
Given the haste with which England worked out their EPL, Cricket Australia is working on a hectic pace and its officials will present financial models to its directors next month and is looking for a window in the season when it can schedule the Twenty20 tournament.
Sutherland said it will not be easy to find a window in Australia's summer when international players could also participate in the tournament.
"The challenges of our summer period... from September through to April is a very busy time... There aren't many opportunities to play state cricket. We'd love to see them play more and if we can find a window we will, but it's not as easy as some might think," Sutherland said.
He indicated New Zealand could be invited to take part in the expanded domestic competition just like rugby league, rugby union, soccer, netball and basketball all have Kiwi teams.
New Zealand was an inaugural member of the Australian domestic One-day competition in 1969-70 and played the first six seasons.
"We haven't explored the optimal number of teams. It's not impossible. We might, as some other sports have, incorporate a team or two from New Zealand in the mix."