Digital Pandit
Well-Known Member
In our last post we told you about Australianentrepreneurs being up in arms over a proposal that country's domain governing body, auDA, (administrator of the .AU ccTLD), was considering that could have effectively banned domain investing in that country's TLD. From the moment the idea was broached a crescendo of protests began growing with everyone from a former auDA board member (Simon Johnson) to the Internet Commerce Association (ICA) lodging strong objections to what would have been an unprecedented development in the domain industry.
The united stand taken by the domain business community apparently caught the attention of auDA leadership because today they announced they have rejected the proposed policy changes for the Australian namespace. The auDA decision said “there is no evidence that domain name flipping as an investment strategy is having a negative impact on the utility of the .au domain nor resulting in a scarcity of domain names."
Source
The united stand taken by the domain business community apparently caught the attention of auDA leadership because today they announced they have rejected the proposed policy changes for the Australian namespace. The auDA decision said “there is no evidence that domain name flipping as an investment strategy is having a negative impact on the utility of the .au domain nor resulting in a scarcity of domain names."
Source