The network will connect to 90% of premises delivering 100Mb/s. The remaining 10% will be reached with wireless and satellite delivering up to 12Mb/s.
The network has been costed at AUD43B over the 8 years of construction — and is expected to employ 37000 people at peak. It will be wholesale only and completely open access.
As an Australian who voted for the other guys all I can say is wow.