Chief executive James Sutherland said unless a period of intensive negotiations over the next few days produces a compromise, his organisation will seek the intervention of an industrial umpire to resolve the impasse.
In an escalation of the protracted pay dispute, the players, through their union the ACA, decided to boycott this month's Australia A tour of South Africa and are reportedly ready to do the same for Bangladesh.
Sutherland said CA was proposing an alternative route through the negotiation stalemate and has had discussions with ACA over their planned next course of action.
The escalation of the divisive pay wrangle, which has cast uncertainty over the showpiece Ashes series later this year, comes after the ACA rejected the latest pay offer from the game's administration.
The ACA remains adamant that players must receive a percentage of the game’s gross revenues, while CA is insistent that the continuation of this model would come at an unreasonable cost to other, more pressing issues in the game.
"We are at the stage now where we need to address this situation and cricket needs to get on with the game," he told reporters in Melbourne.
"We need players employed, contracted, focused not only on upcoming tours, but indeed an exciting season of cricket ahead.
"We are proposing that both parties get together in the short-term with a really strong intent to get this deal sorted and hopefully by early next week we can have this situation resolved," he said.