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Divide the class into 5 groups representing different income quintiles. Distribute Monopoly money unequally to reflect real-world income distribution:
- Top quintile: 40% of total money
- Second quintile: 25% of total money
- Third quintile: 20% of total money
- Fourth quintile: 10% of total money
- Bottom quintile: 5% of total money

Have students physically see and discuss the stark differences in distribution.

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Using the distributed Monopoly money, implement different tax rates for each quintile:
- Top quintile: 35% tax
- Second quintile: 25% tax
- Third quintile: 15% tax
- Fourth quintile: 10% tax
- Bottom quintile: 5% tax

Collect taxes and create a visual display of contributions from each group. Discuss the concept of progressive taxation.

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Using the collected tax money, conduct an auction for public services (written on cards) such as education, healthcare, infrastructure, etc. Let students bid on services and discuss how tax money benefits society as a whole.

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Split quintiles into two groups. One group argues for progressive taxation, while the other argues for flat tax rates. Each group uses their Monopoly money situation to support their arguments. Conclude with a class vote on which system seems fairer.

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Give each quintile a list of essential monthly expenses (housing, food, healthcare, etc.). Have them try to budget their post-tax income. Compare the challenges faced by different income groups in meeting basic needs.

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Each quintile group proposes tax reform ideas based on their experience in the simulation. They must consider both their group's interests and overall societal benefit. Present proposals to the class and hold a discussion.

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Create cards representing different government services. Each quintile group must evaluate which services they rely on most based on their income level. Discuss how tax-funded services benefit different income groups differently.

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Create scenarios where students can move between quintiles based on 'life events' (education, business success, job loss, etc.). Discuss real-world income mobility and factors that influence it.

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Students use their Monopoly money amounts to calculate taxes under different systems (flat tax, progressive tax, regressive tax). Create simple spreadsheets to compare the impact of each system on different income levels.

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Introduce 'life challenge cards' that require unexpected payments. Observe how different quintiles cope and discuss the role of tax-funded social safety nets in supporting lower-income groups.

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Each quintile researches a different historical period of taxation in Australia. Create a class timeline showing how tax systems have evolved and discuss the reasons for changes over time.