While they may have been scared of losing a government contract that big; They're the "NBNCo."
All this has really meant, is that the government has lost out on a lot of sign-ups, and it will remain in the red; and that Telstra, Optus, and especially Vodafone have had skyrocketing sales in 4G home services.
NBN Co was created and is owned by the Australian Government. They don't lose government contracts... their existence is to fulfill government contracts.
So they have to put into action exactly what the Government legislates.
Shit you're right. hmm.
They still have an appointed CEO, so there must be a set of staff in there pulling the red-tape around.
I've worked a significant amount of public sector; I still maintain that there would be enough sway from within to have put down a more strict set of rules, regarding connection types and where.
That said; Doesn't that open them up to a whole bunch of antitrust lawsuits from any other stakeholder in Australia's Internet?
Well being government owned... by legislation they are the sole provider of broadband connection services to the nation, and services are delivered by contract licencees (Telstra, Optus, etc.).
And while it operates in a business fashion with the purpose of making money and paying for itself and future upgrade/expansion, it answers to the finance minister and communications minister. So... basically under the thumb of the gross ineptitude of government ministers.
I would call it a special government department. I think any executive who takes on the role is taking a poisoned chalice because the fault lies with the Mixed Technology legislated by parliament.