It can work
in the middle of nowhere next to transmitter.
How do they plan to make it work in a places where people actually want to be ?
Facebook has urged the Australian government to open up millimeter-wave spectrum for licence-free applications. It's no secret that The Social Network™ has a fondness for wireless applications around the 60 GHz bands. Last year, it outlined its research into systems dubbed "Terragraph" and "Project ARIES" at its Connectivity …
Not sure how this will 'help' the NBN since the last-mile is not where the massive congestion is anyway.
(Well unless you bought into the "Wireless-Broadband speed = Wired-Broadband speed because the both contain the word 'Broadband" misconception' and are struggling with sharing the limited airwaves with the other thousands of schmucks (not to mention the many thousands more who have a legit need for wireless comms), and I doubt this will help there either since it is just the same limited-resource-distribution problem in a different frequency band!)