au: Latest reports on domain name sale

The Now Hiring blog reports the sale of the domain name for around A$500,000. This, if true, will be interesting to follow. In the .au namespace it is not possible to simply buy, sell or transfer domain names. There exceptions such as with the sale of a business one is able to transfer the domain name.auDA policies state:”a) the registrant must not, directly or indirectly, through registration or use of its domain name or otherwise, register a domain name for the purpose of selling it; andb) the registrant must not in any way transfer or purport to transfer a proprietary right in any domain name registration.”auDA’s policy on the “Prohibition on Sale of Domain Name” is available here.So we’ll have to wait and see what happens.For the story on Now Hiring, click here.

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