The "minimum" guaranteed speed excludes one in seven (13%) premises covered by the Coalition's DSL-FTTN: or 1.1M premises will be "NOT happy, Mal!"
While the "target" is 10%, that's across all 11.3M fixed-lines, including the 24% premises served by Fibre. The 1.1M excepted premises will all come from the 8.968M premises covered by FTTN.
From page 8 of the Coalition NBN Policy, "New statement of expectations"
We will issue a revised statement of expectations directing nBn Co to provide broadband services with a minimum download data rate of 25 megabits per second by the end of 2016 in all areas of australia, and 50 megabits per second by the end of 2019 in 90 per cent of the fixed line footprint.