MyRepublic 1Gbps is marketing expense
MyRepublic cannot be making a profit on these services because the AVC wholesale charge is $150 (ex GST). On top of that you need to add CVC costs and backhaul. It is a marketing ploy to put pressure on the government. $50,000 is a cheap marketing exercise.
If Labor had structured the financials for the NBN differently everyone within the fixed footprint would have had 1 Gbps and FTTN would no longer be a topic of conversation.