Australia’s country code (ccTLD) will allow “direct” registrations in the .au ccTLD in the future. Following on from a consultation process last year, the board of auDA has announced their intention to update the domain registration policy to allow people and organisations to register .au domain names. Up until now you could register under .com.au, but not directly under .au.
So while now you can register yourcompany.com.au, in the future you’ll be able to get yourcompany.au.
They haven’t announced a timeline for the change to the policy nor have they finalised details of how they will handle existing domain registrations. Other domain name registries who have changed their policies in recent years to allow for direct registrations such as Nominet and New Zealand’s ccTLD both introduced processes to give registrants of existing domains a right of refusal on the matching direct registration.
So, for example, if you had yourcompany.co.nz then you had rights to register yourcompany.nz before anyone else.