Fail!
Fiber to the Node is a great idea and i support that solution 100%
Fiber to the home - well the only business cases for that I see are
a) movies on demand
b) hosting your own server
c) running a medium sized business from home
A) is not a business case and will do nothing for the nation, (B) provides a poor solution compared to existing cloud offerings, and for (C) if you are running that size company you should be able to afford your own decent link.
ADSL is not currently as available as it should be due to the exchange connectivity issues which would be sorted by FTTN. Basically the Government is not producing a business case because the numbers dont add up. People are moving to mobile access in droves and the revenue will not be what is expected.
The Government spouts this as the age of Fibre but fails to mention that fibre is already standard for cities and large rural infrastructure (like hospitals) so the business justifications presented are seriously flawed and often deceptive. A FTTN solution including regional areas would produce most of the expected benefits with a fraction of the cost.
And finally, I dont expect any Government to bring in a project of this size on budget, and this Government has a history of notorious failures. A rumour is that the original FTTN design was abandoned because the "Fully costed" solution failed to account for paying Telstra for its fibre, so the best solution was to change the design (with a 10x price multiplier)
Absolute fail!