Interesting idea. Im supposing You will still be able to electronically transfer funds from your account to a Gold sellers account. Here is where I think a grey area exists. If you swap your electronic money for the Gold well that is ok but what about when you then take the physical Gold out of the sellers vaults and take it home. Gold being legal tender in Australia is technically cash currency. A proxy withdrawal of cash.
The big problem for the people is the government has added all sorts of regulations to the legislation allowing it to vary in a lot of ways and at any time the cash amount and how you can withdraw it.
Australia is turning into a stazi state where journo's and media outlets are raided, people jailed for telling the truth.
