Re: There's your problem
Conroy's model was far worse in that NBNCo became a monolith with zero competition and a Corporate Plan that relied in significant revenue growth (ARPU > $100/month)
The last significant change in Australia was the installation of ADSL2+ DSLAMs by Internode followed by others where speeds became uncapped. This was only possible because Internode could connect directly the copper and avoid Telstra's wholesale charges. NBNCo have returned Australia to paying a premium faster speeds and also data charges.