So rather than nodes being placed in certain areas, and split into different homes, there will be a fiberoptic node in EVERY home.
It's pretty fascinating. Can you imagine how the internet might change when everyone is 1GB/s? High definition video conferencing, etc.
I should add that one of the big reasons the Labor party is pushing this government-funded project is because Telstra, the continent's primary (and only?) large telecommunication's company, formally owned by the government and made private (!??!), is making plans to adopt and install the technology into homes. Pushing to be made public before a private company has control. There, however, the intranets are censored by the government in Australia.
If the plan goes through, it will take 7-8 years to develop.
Thought I'd share.
More info:
http://www.zdnet.com/blog/btl/australia-to-build-31-billion-fiberoptic-broadband-network/15897