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Google PageRank is one of the most contentious issues right now in the world of search engine optimization. For a long time it has been considered the most powerful indicator of how well your website might perform in searches, but according to Google things are changing.
Google has recently made efforts to reduce the importance that online marketers and search engine experts attach to PageRank. However, just how much Google may have 'detuned' this factor in their indexing algorithms remains a well kept secret.
So if PageRank is not the be all and end all of SEO, then what other factors are considered important by the search giant? Based on research undertaken by SEOmoz, here are the most important indexing factors in their view, along with their % rating:
- Keyword-targeted anchor text from external links (73%)
- Quantity and quality of external links (71%)
- Diversity of links from numerous unique domains (67%)
- Keyword use in the title tag (66%)
- Trustworthiness of your domain (66%)
It's interesting that the top three factors are external and not based on your 'on-page' optimization efforts. That doesn't mean to say you should ignore on-page optimization, but you will have to work much harder on generating quality inbound links to get your site performing in Google search results (SERP's).

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What is "Trustworthiness of your domain"?
- Age of domain
- How long you have had the domain registered to you (a recently acquired domain has less trust than one you have had for a long time, even if domain age is high)
- Links from trusted sites such as academic or government sites
- 'Big' brand name domains have more inherent trust than unknowns i.e.nike.com, ford.com
- Reputation of hosting server (if your server is known for hosting spammy sites then you may be penalised)
BTW, rebuilding your site completely under the same root domain won't reduce trustworthiness, however you can lose index position if you have changed your page URL's. If you intend to change URL's without losing SERP position you should use the 301 redirect tag.
Another positive factor for your site is that your domain is .govt.nz which will add significant value to trustworthiness. Non-commercial domain extensions are generally regarded as more credible (for obvious reasons).