This is a joint press release from Internode and iiNet

The stated objective of FTTN is to provide 98% of Australians with internet speeds of 12 Megabits per second.

The hard question most of my friends ask me when the subject of FTTN is raised, is -

"OK, but how much am I going to have to pay for it?".

The answer, of course, is nobody really knows, because of the misinformation available on the subject of broadband - but I'd suggest that looking at 2008 prices for 12 Megabits per second (Mbps) internet access is a good start.

Today, $50 a month can buy you a great ADSL2+ service from a number of ISPs with their own infrastructure. [1] The market offerings are many and varied and there are a number of options for consideration, but let's stick to internet broadband access.

Can $50 get me 12Mbps? My oath it can.

ADSL2+ reportedly offers customers access speeds up to 24Mbps, given the right conditions (some even report speeds above that). iiNet have released actual speed data previously[2]  - indicating measured speeds on customers connected to their ADSL2+ network.