Okay kiddo, imagine a group of kids playing a game where they collect stickers. But, some kids have more stickers than others because they started with more or they got lucky and found more. This makes some kids really happy, but other kids feel sad and left out. So, they all decide to share their stickers equally, so everyone has the same amount. This is a bit like socialism.
Now, in Australia, the grown-ups have a big country to run, and they want to make sure everyone is happy and looked after. So, they have some social programs that help people who might be struggling. For example, if someone loses their job, they can get some money from the government to help them get by until they find a new one.
Also, in Australia, we have a system where everyone gets some healthcare for free. This means that if you get sick, you can go to the doctor and not have to worry about paying a lot of money for medicine or treatment.
Some people think this is a good thing because it helps make sure everyone can get the help they need. Other people think this is a bad thing because they don't want their taxes to go towards helping other people who might not be as fortunate.
Overall, socialism in Australia means that everyone gets a fair go and some help when they need it, but some people might not like it because they don't want to share their stickers or their money.