I work in Docklands in Melbourne. I start work at 2 am, and have no issues with my internet speeds. That is until about 8 am until 10 am, I have very slow internet speeds. It cant be congestion at peak times, because a lot of my friends are also on Telstra and have no issue. Same as Vodafone and Optus..no issues.
I have a Galaxy Note, and I also experinced this with my Galaxy S2 before. I bought my handset from another retailer outright, but that shouldnt make a difference.
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If your only experiencing issues between 0800 to 1000 in Docklands, is it possible that its a rush of commuters in the area?
The location of your handset shouldn't have any issues, however I would ensure your settings are the same as those found at http://ausdroid.net/apns/