1. Pre-heat oven to 180°C.
2. Cut the loaf in a criss-cross pattern, without cutting all the way through as you want the loaf to be to just holding together. Spread the VEGEMITE & Cheese on all cut sides of the bread.
3. Place the loaf on a large sheet of foil, lined with greaseproof paper and sprinkle over the grated cheese, letting some fall into the cut bread. Wrap up the loaf and place in the oven for 10 minutes.
4. Open the foil and cook for a further 10 minutes or until golden and cheese has melted.
5. Remove from oven and serve while hot.