Torontoguy, if you are able to get a DSL2 connection and able to subscribe to any ISP other than Telstra, then it's fast. I'm on iinet, and usually have a 15 mbps connection.
However, the problem here is that availability isn't guaranteed, even if you have money to pay for it. You could be in an area without DSL2 access, or even if you are, there might not be any free ports. Or you may have a dodgy phone line where DSL2 isn't possible. Let's just say that the wired infrastructure here isn't as advanced as North America, and unlike Bell Canada which is pretty much required by regulations to ensure you have a fast Internet-capable line if you live in a city, Tel$tra can do whatever they want. There are also download quotas here. However, these have been improved greatly in the last six months, and (as long as you have DSL2 connectivity access to any ISP other than Telstra) you can easily get 100GB download per month for $49 a month (50 GB "peak" for general use while you're awake, plus 50 GB "off-peak" from 2 am - 8 am for "acquiring stuff"). The other issue is that unlike Canada where you can generally get your Internet connection already setup as soon as you move in (or within a day or two), in
Australia it takes at least a week and in a worst-case scenario, up to a month.
On the TV side, the subscription TV service (Foxtel) isn't treated like a utility in the same way that Rogers/cable TV is in Canada, so there's also no guarantee that it's available at the residence you live at, no matter how much money you have. In Toronto, everywhere is wired for cable TV as required by CRTC regulations, so you never have to worry about having access to it. That's not the case here, there was never any widespread or enforced deployment, so it's possible to move somewhere and find that to get Foxtel, you need to have them literally run cable from the street. If you're renting and the place you're in is not already wired for Foxtel, your landlord or "body corporate" (like a condo corporation) does not have to allow its installation (in contrast to Canada where you have a right to access cable TV in the same way that you have a right to access electricity, gas, water, and phone - i.e. it is illegal in Canada for a landlord to block access to cable). And trust me, the free over-the-air channels here in Australia are so bad that after about six months of only having those channels in a house where I couldn't get Foxtel installed because I was sharing the place, as soon as I moved into my own apartment where the unit was already pre-wired, subscribing to the service was done very quickly.