Australian Entrepreneurs Are Against Over Proposed Rules That Could Ban .AU Domain Investing

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Australian Entrepreneurs Up in Arms Over Proposed Rules That Could Ban .AU Domain Investing

The domain investment community in Australia is sounding a red alert triggered by new rules being considered by AuDA (the overseer of the country's .AU top level domain) that many there see as attempt to institute an outright ban on domain investment.

If enacted domains that have already been registered and paid for could be taken away from their current registrants. AuDA is currently inviting public commentary on the proposed changes but the window is about to close with the deadline for submissions set for 5pm Australian EST Friday, April 12 (AEST is 14 hours ahead of U.S. EST which would make the deadline 3AM Friday morning in the eastern United States).

Veteran Australian entrepreneur and domain investor Simon Johnson, who served as Chairman of the AuDA Board's Security and Risk Committee until resigning in 2017, is among the well-known figures who have taken a firm stand against AuDA's proposal. Johnson told us the Australian Internet industry must be defended and there is still time to act. "Given that Directors need to exercise due care and diligence, for auDA to retrospectively go back and delete domain names from Australian businesses, does more harm than good," Johnson said. "As such, I don’t believe it would be in the interests of the organisation for the auDA Board to accept the recommendations in the PRP report.”

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