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That to some extent may be true there but there's perhaps also an element of attempting to brace Labor's legacy in that argument against the news to come....But now...
The contractors have taken those contracts, but know that they will not be renewed. They know that the FTTP rollout will end at the completion of the current contract. Thus, they will employ and train the absolute minimum number of people to fulfill their obligations. Depending on the penalties written into the contract, they may even be happy to deliberately fail to meet targets rather than spend money empoying and training people for a job that's about to finish. They will also likely want to tender for FTTN, which they may divert parts of their workforce into before completing their FTTP obligations.
As sydboy wrote, I also agree that Turnbull will point at the missed targets and blame FTTP, when the reality will be that the contractors saw the end coming, and wound down accordingly.
The downgrades we've seen so far have been while Labor has been in office and that includes the recent media account of a downgrade to the June 2014 rollout target.