Bad Latency from Sydney to Sydney(Aus East)

I am experiencing bad latency from a sydney source to sydney Azure VM. All traceroute sources are in Sydney and on Telstra.

Traceroutes attached

  1     6 ms    11 ms    10 ms  192.168.0.1
  2    14 ms    14 ms    16 ms  172.18.209.3
  3    14 ms    17 ms    17 ms  172.18.65.181
  4    10 ms    15 ms    14 ms  bundle-ether4.chw-edge902.sydney.telstra.net [203.50.12.110]
  5    10 ms    16 ms    16 ms  bundle-ether14.chw-core10.sydney.telstra.net [203.50.11.100]
  6    11 ms    21 ms    15 ms  bundle-ether1.oxf-gw11.sydney.telstra.net [203.50.6.93]
  7    12 ms    16 ms    15 ms  bundle-ether1.sydo-core03.sydney.reach.com [203.50.13.98]
  8    12 ms    18 ms    16 ms  i-0-1-0-18.sydo-core04.bi.telstraglobal.net [202.84.222.66]
  9   154 ms   153 ms   154 ms  i-0-2-0-7.1wlt-core01.bx.telstraglobal.net [202.84.143.149]
10   150 ms   152 ms   152 ms  unknown.telstraglobal.net [202.40.149.190]
11     *        *        *

12   155 ms   159 ms   153 ms  ae8-0.lax-96cbe-1b.ntwk.msn.net [191.234.84.29]
13   196 ms   200 ms   202 ms  ae0-0.hnl01-96cbe-1a.ntwk.msn.net [191.234.81.42]
14   154 ms   167 ms   160 ms  ae6-0.syd03-96cbe-1b.ntwk.msn.net [191.234.82.29]
15   156 ms   153 ms   155 ms  ae0-0.syd03-96cbe-1a.ntwk.msn.net [191.234.80.96]
16   161 ms   215 ms   168 ms  ae6-0.mel01-96cbe-1a.ntwk.msn.net [191.234.85.49]
17   170 ms   166 ms   165 ms  ae0-0.mel01-96cbe-1b.ntwk.msn.net [191.234.80.57]
18   202 ms   171 ms   170 ms  25.250.78.3
19   163 ms   165 ms   169 ms  25.250.68.5
20   167 ms   165 ms   165 ms  25.250.78.242
21   160 ms   165 ms   165 ms  25.250.78.230
22     *        *        *     Request timed out.
23

___________

(40.126.246.248), 64 hops max, 52 byte packets
1192.168.0.1 (192.168.0.1) 3.549 ms 1.132 ms 1.041 ms
2 10.243.0.1 (10.243.0.1) 11.623 ms 9.129 ms 12.805 ms
3 cpe-58-160-249-1.wa.bigpond.net.au (58.160.249.1) 14.307 ms 11.036 ms 10.818 ms
4 bundle-ether4.chw-edge901.sydney.telstra.net (203.50.12.108) 19.437 ms 17.283 ms 14.199 ms
5 bundle-ether13.chw-core10.sydney.telstra.net (203.50.11.98) 15.533 ms 232.157 ms 14.741 ms
6 bundle-ether1.oxf-gw11.sydney.telstra.net (203.50.6.93) 16.780 ms 19.085 ms 18.989 ms

7 bundle-ether1.sydo-core03.sydney.reach.com (203.50.13.98) 15.489 ms 15.574 ms 18.181 ms
8 i-0-1-0-16.sydo-core04.bi.telstraglobal.net (202.84.222.58) 17.665 ms
i-0-1-0-15.sydo-core04.bi.telstraglobal.net (202.84.222.54) 12.647 ms 23.490 ms

9 i-0-2-0-0.1wlt-core01.bx.telstraglobal.net (202.84.141.146) 304.140 ms
i-0-4-0-5.1wlt-core01.bx.telstraglobal.net (202.84.140.102) 158.172 ms
i-0-2-0-4.1wlt-core01.bx.telstraglobal.net (202.84.249.54) 327.098 ms
10 i-0-5-0-1.tlot02.bi.telstraglobal.net (202.84.253.38) 151.569 ms
i-0-0-0-1.tlot02.bi.telstraglobal.net (202.40.149.138) 342.524 ms
i-0-5-0-3.tlot02.bi.telstraglobal.net (202.84.253.46) 215.174 ms
11 * * *
12 ae11-0.lax-96cbe-1b.ntwk.msn.net (207.46.47.11) 177.025 ms 276.351 ms 157.695 ms
13 ae0-0.hnl01-96cbe-1a.ntwk.msn.net (191.234.81.42) 363.389 ms 197.117 ms 354.731 ms
14 ae6-0.syd03-96cbe-1b.ntwk.msn.net (191.234.82.29) 162.321 ms 275.824 ms 152.274 ms
15 * ae0-0.syd03-96cbe-1a.ntwk.msn.net (191.234.80.96) 238.496 ms *
16 * * *
17 * * *__________________

  1    <1 ms    <1 ms    <1 ms  Gargoyle.lan [192.168.1.1]
  2     *        *        *     Request timed out.
  3     8 ms     6 ms     7 ms  58.160.11.6
  4   221 ms   220 ms   235 ms  58.160.15.226
  5   198 ms   193 ms   187 ms  http://bundle-ether4.ken-edge902.sydney.telstra.net [203.50.12.106]
  6    88 ms    84 ms    77 ms  http://bundle-ether14.ken-core10.sydney.telstra.net [203.50.11.96]
  7   217 ms   207 ms   215 ms  http://bundle-ether1.pad-gw11.sydney.telstra.net [203.50.6.61]
  8   227 ms   223 ms   218 ms  http://bundle-ether1.sydp-core04.sydney.reach.com [203.50.13.90]
  9   218 ms   213 ms   203 ms  http://i-0-1-0-2.paix-core01.bx.telstraglobal.net [202.84.140.214]
 10   329 ms   329 ms   267 ms  http://i-0-4-0-0.paix02.bi.telstraglobal.net [202.84.251.58]
 11     *        *        *     Request timed out.
 12   299 ms   286 ms   291 ms  http://ae0-0.pao-96cbe-1a.ntwk.msn.net [207.46.40.234]
 13     *        *        *     Request timed out.
 14   295 ms   293 ms   287 ms  http://ae4-0.lax-96cbe-1b.ntwk.msn.net [191.234.84.75]
 15   338 ms   336 ms   345 ms  http://ae0-0.hnl01-96cbe-1a.ntwk.msn.net [191.234.81.42]
 16   151 ms   151 ms   152 ms  http://ae6-0.syd03-96cbe-1b.ntwk.msn.net [191.234.82.29]
 17   154 ms   152 ms   150 ms  http://ae0-0.syd03-96cbe-1a.ntwk.msn.net [191.234.80.96]
 18     *        *        *     Request timed out.
 19     *        *        *     Request timed out.
 20     *        *        *     Request timed out.
 21     *        *        *     Request timed out.
 22     *

_______________________________________________

For comparison here is my TPG tracert:

C:\Users\Stanley>tracert stanleyhon.cloudapp.net

Tracing route to stanleyhon.cloudapp.net [40.126.246.248]
over a maximum of 30 hops:

  1    <1 ms    <1 ms    <1 ms  Gargoyle.lan [192.168.1.151]
  2     1 ms     1 ms     1 ms  192.168.1.254
  3    14 ms    13 ms    12 ms  40.126.246.248
  4    13 ms    14 ms    13 ms  syd-sot-ken-crs1-Te-0-4-0-6.tpgi.com.au [202.7.2
14.189]
  5    17 ms    22 ms    16 ms  syd-sot-ken-crt1-be-10.tpgi.com.au [203.219.35.1
]
  6    13 ms    15 ms    13 ms  202.7.171.78
  7    28 ms    15 ms    15 ms  ae1-0.syd03-96cbe-1b.ntwk.msn.net [204.152.140.1
13]
  8    14 ms    16 ms    15 ms  10.105.238.3
  9    14 ms    13 ms    14 ms  10.105.225.5
 10    15 ms    15 ms    23 ms  10.105.239.21
 11    14 ms    13 ms    13 ms  10.105.239.17
 12     *        *        *     Request timed out.