Australia prides itself on being the land of the fair go — a place where no one stands above anyone else. But behind the myth lies a deeply stratified society held together by cultural smokescreens, economic fractures, and unspoken rules. In this wide-ranging investigation, we trace class from colonial radicalism to modern gentrification, school-gate politics, immigrant hustle, and the aesthetics of “mateship.” Threaded through every dynamic is status anxiety—the performative insistence that class doesn’t exist while everyone quietly competes for position. This episode reveals how status, more than money or culture, silently structures Australian life.