I'm not sure if this is ultimately a good thing for the state of broadband in Australia, especially if TPG are allowed the monopoly over customers who they have fibre to the basement running to. However, as a resident of Pyrmont, living in an apartment block, I sure hope they choose my apartment block next!
On a possibly related note, I've noticed my TPG ADSL2+ connection here get MUCH faster over the last month or so. The sync speed used to be about 4,000 but it's now sitting up at 10,000! I wonder if this is due to people being brought online with this fibre service and the reduced congestion? It could also be related to the new data centre built down the road from my residence.