The current financial crisis appears to be impacting on the New Zealand domain name market, with the number of domain names not renewed in 2008 jumping around one-third over 2007 according to a report in New Zealand’s Business Day.
“There were 55,365 expired domain names in 2008, a significant jump of 14,609 expired domain names from the year before, according to New Zealand Registry Services,” says the report.
This is a significant number for the .nz ccTLD that currently has 349,830 registered active domain names.
Under rules for .nz, if a registrant doesn’t renew a domain name within 90 days after the expiry date, the domain name is released by the New Zealand Registry Service and is again available for registration on a first-in, first-served basis.
The Business Day report is available from:
www.businessday.co.nz/industries/telco_it/4838849
To register your .NZ domain name, check out Asia Registry here.