The problems with your view is that theres an assumption that all baseload generators can start generating at the flick of a switch when the wind dies down. In reality most forms of generation, such as coal, require hours to make enough steam to start generating enough power. This makes the usage of wind power useless in reducing our current stock of CO2 emitting Baseloaders.
Yes gas generators help solve this problem but the cost of replacing all the baseload generators in Australia to gas would be so tremendous, that you may as well just put the money into reliable renewable baseloaders.
In regards to Geothermal plants, seeing as there are already hundreds in the world using the traditional methods along the tectonic plates, the technological issues are relying on exploration and drill/steam cycle implimentation. It isn't relying on undiscovered cure-all wonder technology, just funding, testing and time.
We don't need to replace existing coal power stations. The number of wind farms currently on the system is pathetically small. We can install thousands of MW of wind before we run into any of these problems. As the cheapest form of renewable energy, perhaps we should do this first before looking at the expensive options? This is evidenced by the fact that every form of renewable is eligible for the RET but wind is the one the market has decided blows the others away by far. If others could compete at large scale they would have a good chunk already but they don't.
As to the abilities of coal power stations, there are plenty of coal power stations that can handle a stable 40% min loading at reasonable efficiency, if they're designed for it rather than just for running "baseload". Retrofitting existing power stations to do this is relatively cheap - far cheaper than further subsidising the next cheapest large scale renewable technology.
And there are a heap of coal power stations in Australia that already get turned off every night and back on again in the morning without issue. There are plenty of existing gas turbines on the system to pick up the intermediate fast acting issues. It will be a loooong time before any of this becomes a problem anyway so perhaps we should just get on with it in the meantime?
As for geothermal - conventional and fractured rock technologies are worlds apart. Just ask Geodynamics / Petratherm et al! Go back ten years to their predictions then about how easy it was going to be and when the first plant would be running etc. They're still working on drilling issues! And for what? A bottom hole temperature of 300 degrees at best? And then you need a heap of water and hope it comes back out the other hole. The sheer volume of steam generators, heat exchangers and other plant to make power with that low temperature resource is huge. That cost base alone makes solar look cheap - and that's if it works!
BTW the fact remains that without the RET (or equivalent subsidy) there is no hope for geothermal, tidal, biomass or any other renewable technology in Australia. Wind is the most competitive of all of those by far and still needs the RET. Coal is just too cheap!