If you havn't heard, Kevin Rudd has annouced a nation wide Fibre Optic internet network.

Built from scratch at a wopping 42billion dollars.

Quote" It would deliver broadband speeds of 100 megabits per second to 90% of Australian homes,
schools and businesses WITHIN eight years through fibre-optic cables. The other 10% would get a wireless upgrade"

The new speeds are 100 times faster than most Australians get and would be enough to allow multiple, simultaneous,
high-quality downloads of movies or television SHOWS from the same connection.
A handful of countries including South Korea, Japan, France and Germany have comparable speeds, though not on such a LARGE scale.

Installing fibre cables across most of AUSTRALIA would create 25,000 jobs a year during construction, the government said.

For those who don't know, fibre optic internet provides data transfers at the speed of LIGHT and can handle 40gb/s of data on a single line.

This would allow a 700mb movie to download in just 23seconds at 30mb/s (assuming the server your downloading from has fibre optics)

Cool

Congrats to the Aussies