NOTE: One is in miles, the other Kilometres, however, it does not matter because a mile is greater in length than a kilometre anyway.
I live in Singapore, I'm close to Australia then America, furthermore, Singapore has the third best (or second best depending on who you ask) internet in the world. My speeds are fine, it's Australia's crummy internet. Of all the First world countries, Australia has some of the worst internet and hosting capabilities out there, even New Zealand surpasses them in my opinion.