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TheDomains.com

New Report: .Au Domain Space Brought Half A Billion Dollars To Australia’s Economy in 2011

January 19, 2012 by Michael Berkens

According to a story tonight in Pcadvisor.co.uk, which cites a recent report by Deloitte. the .Au Domain name space has “generated big business in Australia and will continue to do so”

The study commissioned by AusRegistry and the .au Domain Administration (auDA),  is the first of its kind to assesses the true extent of the .au domain’s influence on the Australian economy.

“The key finding from the report was that the .au domain name space contributed $475 million to the Australian economy in 2011.”

“More than 4300 full-time jobs were connected to it.”

“$269 million of that, or 57 per cent, was connected to registration and hosting of .au domains, with services such as web design and infrastructure provision also contributing.”

“The Internet has clearly become the starting point for consumer research and purchasing decisions,” Deloitte Access economics director, Ric Simes, said.

“The contribution to the Australian economy of the industry administering .au is significant, particularly in terms of employment, and this will continue to grow with the ongoing shift to e-commerce.”

Despite the attraction of the cheaper and more accessible .com domain, the .au domain has experienced exponential growth in the number of registrations over the last decade, reaching a total of 2.3 million in 2011 for a 600 per cent increase from 2002.

“.The report found that the .au name space is a labour-intensive industry, with 58 per cent of the $475 million contributed to the economy being attributed to employees.”

You can read the whole story here.

 

Filed Under: ccTLD's, Domain Industry

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

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Comments

  1. RH says

    January 19, 2012 at 2:00 am

    Or a story on Hybrid Domainer yesterday, Just messing with you Mike

  2. John Berryhill says

    January 19, 2012 at 2:50 am

    Now I know where CADNA gets its numbers:

    “Australian cybersquatters have stolen traffic valued at half a billion dollars, according to one cybersquatter blog.”

  3. 40z says

    January 19, 2012 at 10:28 am

    hmm.

    just the kind of headline that might get us a stimulus package out of Washington?
    maybe the treasury can start buying domain names instead of bonds 🙂

  4. biojin says

    January 20, 2012 at 9:47 am

    Blogs tend to perform better because of the abundance of content. Blogs empower users to create content in a way that is easy and fun. By doing so, users are creating content on a daily, or weekly, basis.


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