When you take a toke upside down in a handstand as someone lights and pulls the bowl for you, similar to the famous well known "keg stand". Though it is socially okay to do when not at a party but takes atleast 2 people to achieve unless you want to take it to another level
"Yooo i cant wait for that party ryan is having im totally gonna do an australian bong stand"
"You have never done an australian bong stand!? It gets you soooo high man!"
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