.nz domain fee lowered

InternetNZ has announced that it is lowering the cost of .nz domain name registration fees charged by .nz Registry Services from $2/mth ($24/year) to $1.75/mth ($21/year).

The lowered fee reflects the benefits, in my opinion, of moving to a competitive shared registration system from the former monopoly that existed up until December 2002.

Disclaimer: I am Vice-President of InternetNZ and a Director of NZRS