That's a little inaccurate. What ISPs log is the IP addresses your IP address interact with and on what port. So, upon visiting www.jihad.com just now, some server somewhere logged the fact that my IP connected to 103.224.182.244 on port 443. Looking up the IP 103.224.182.244 on my name server takes me to the destination:
"lb-182-244.above.com".

In IT parlance, "lb" usually stands for Load Balancer, though I have no way to know whether that's what it really stands for in this instance. The ISP can't log the actual page(s) I visited, that's encrypted traffic. There are probably several websites behind that load balancer, and my ISP won't even know which I visited.

For huge sites like Netflix, Google, Hotmail etc, everyone will know the IPs will belong to those sites, so they'll know you visited Facebook for two hours between time-a and time-b. They can give this information to someone like ASIO or the Police who are then able to go look on Facebook to see what you were doing at that time (Your ISP can't).

Please consider this: we have lost more Australian lives because of the war-mongering decisions of our secular democratic empire allies (by a humongous proportion) than because of extreme Islamism targeting Australia. Most Muslims, like most everyone else, want to live in peace and be free of intervention from Judaeo-Christian imperialism.