It seems to work fine::
<div id="defaultCountdown"></div> //first
<div id="defaultCountdownSecond"></div> //second
<div id='featured_offer_countdown_template'>
{d<}<div class='item days'>
<span class='value'>{dn}</span>
<span class='label'>{dl}</span>
</div>{d>}
<div class='item hours'>
<span class='value'>{hn}</span>
<span class='label'>{hl}</span>
</div>
<div class='item minutes'>
<span class='value'>{mn}</span>
<span class='label'>{ml}</span>
</div>
<div class='item seconds'>
<span class='value'>{sn}</span>
<span class='label'>{sl}</span>
</div>
</div>
js code:
var austDay = new Date();
austDay = new Date(austDay.getFullYear(), 5, 9);
$('#defaultCountdown').countdown({
until: austDay,
format: 'dHMS'
});
$('#defaultCountdownSecond').countdown({
until: austDay,
format: 'dHMS'
});
$('#year').text(austDay.getFullYear());
Demo:: jsFiddle