According to Dreamscape Networks (ASX-DN8) the .au Market is Flat.
Dreamscape Networks (DN8) advised the Market at the
DN8 AGM, domain and hosting in the Australian Market has been flat with no industry growth since the start of the financial year 2017. This has continued in the November to January 2018 period. The DN8 half-yearly report goes onto say; while the Crazy Domain Brand in Australia continues to increase its total .au domain market share, the industry as a whole has been flat. Offsetting the flat domain industry in Australia; the company growth is attributed to acquisitions.
Strategic acquisitions include:
- Vodien Group (31 July 2017)
- Enetica Group (31 October 2017)
- Quadra Group (31 January 2018)
- Domain Name Registrar (“DNR”) (1 July 2018)
Why is the .au Domain Registration Market Flat?
The market is flat because the management of auDA is having a direct negative impact upon the Market.
auDA has not demonstrated a business case to proceed with implementation of Direct Registrations. Now after 2 years of deliberation, uncertainty and resistance about Direct Registrations remains. And, obvious implementation complexities have given rise to discrimination against its major investor and speculator.
auDA remains unwilling to attract investment and promotion into the Secondary Market Namespace because the Board and the CEO are unwilling to cooperate with market participants to develop or implement policy outcomes that reflect what the market wants.
In defiance, the management of auDA has brought Government intervention against themselves, resulting in a favourable substitute, to act alone with a quorum of industry giants to reform auDA into a profit centre for a couple of Registrars using employee proxy votes to achieve their aims.
How can auDA honestly say their Membership ‘initiative’ to increase the diversity of the Membership of underrepresented stakeholders when…
They are already Members.
- Afilias Australia Pty Ltd Supply
- VentraIP Group (Australia) Pty Ltd Supply
- Melbourne IT Ltd (Arq Group) Supply
- WEB ADDRESS REGISTRATION PTY LTD (crazy Domains, Dreamscape) Supply
The Board has not used their power for a proper purpose, and Whilst auDA Management continues to defy and resist solutions provided to it by the very committees established to solve these problems then the Market will remain skeptical and suspicious about auDA.