Here's the report.
http://nbnco.com.au/content/dam/nbnco/documents/NBN-Co-Strategic-Review-Report.pdf
At first look it defies belief. Of course it's written by the current NBNCo so not surprisingly it has a massive crack at the previous NBNCo. That's not exactly surprising and I'm sure there's a lot of things they got wrong. Of course they also concentrate as much as possible on projections in the short-term rather than long term to continually point out benefits from building a technology that comes on line quicker. But here are a few things that stand out to me:
1. Steady state projections. Apparently they've predicted that once the networks are completed the Labor version, which provides a monopoly on fixed line communications, would earn $6.6-7.5B in revenue yearly while the coalition alternative, with no monopoly and lower top speeds, would earn $6.3-7.2B. That's right, by giving up their right to a monopoly and being unable to provide top end speeds which bring in the most revenue, overall revenue is going to be hurt by less than 5%.
2. Future Upgrade Costs. The report claims that it will be billions of dollars CHEAPER to roll out FTTN now and then upgrade to a better technology at a later date for speed increases than to roll out FTTP from the start.