That's all from me and Ten this evening. In its favour: that was a supremely slick awards ceremony. Not in its favour: it didn't even show all the awards, and everyone was extremely well-behaved. We have more analysis on the winners and losers coming, but for now, good night.

Cate Blanchett glides onto stage in a dress that's molten sequins basically. She looks unbelievable – she's sort out out metalic-ing the Aacta itself.

The nominations are Dead Europe, The Great Gatsby, Mystery Road, The Rocket, Satellite Boy, and The Turning. And congratulations if you've seen them all: given the tiny number of screens they've shown on in Australia, you are either a critic or extremely committed. All this great work deserves to be seen more.

And the award goes to The Great Gatsby, which is collected by Catherine Martin and Baz Luhrmann. "Let's not fight darling," Baz teases his wife. "Why stop now? We have for 26 years," replies Catherine. The audience swoons. Everyone wants to be them, surely. What a couple.

Baz looking like the cat that got the cream. With @CMBazmark & Catherine Knapman #AACTAs @gatsbymovie @bazluhrmann pic.twitter.com/ZYODjEjyoY

— AACTA (@AACTA) January 30, 2014

The big telly category here. Offspring, Redfern Now, Wentworth and Seragoon Road are nominated here – with Redfern Now taking the Aacta. Good news! By some way the best drama on this list in my opinion.

What! I think we just had three massive awards flashed up on screen for a millisecond because Ten had more important things to show us. Nice to have a tribute to Baz, with literal dance interpretations of Romeo and Juliet, but not at the expense of the actual awards – even if the actors you gave them to couldn't make the ceremony.

So, I think we just had

Best actor in a film: Leonardo DiCaprio for The Great Gatsby

Best actress in a film: Rose Byrne for The Turning

Best supporting actor in a film: Joel Edgerton for The Great Gatsby

There's probably a lesson in there about giving one of your biggest awards to a Hollywood superstar and not even nominating some great Australian talent. (Aaron Pederson I'm thinking of you).

Stewart's co-star, Asher Keddie, is up in this next category in fact. Also nominated for best actress is Marie Brunel for An Accidental Soldier, Sheridan Smith for Mrs Biggs, and Claudia Karvan, who wins the award for Time of Our Lives, in which she plays the largely unlikable Caroline in a way that makes you not entirely hate her. That's some feat.

"Thank you to the ABC for continuing to make such fine Australian drama," says Karvan in a slightly emotional speech. Quite right.

No stranger to AFI | AACTA Awards, Claudia Karvan with her new golden man! #AACTAs pic.twitter.com/zoj8zQciKO

— AACTA (@AACTA) January 30, 2014

Kat Stewart takes the award for her role in Offspring – I love her as Billie, I must admit, a perfect foil to Asher Keddie. She beats Kris McQuade (Wentworth), Heather Mitchell (Power Games) and Robyn Nevin (Top of the Lake) in this category

An interesting category this, with four quite different shows – An Accidental Soldier, Mrs Biggs, Power Games and Top of the Lake – battling it out for the honour. And the Aacta goes to … the excellent Top of the Lake.

Weirdly, these nominations begin with an advertisement for Wolf Creek 2. (I should admit that I just typed that as Wolf Hall 2, which would be a rather different thing).

Shaun Micallef takes the award for Mad as Hell on ABC1, and gives a cheeky speech poking fun at his fellow nominees: Lisa McCune (It's a Date), Robyn Nevin (Upper Middle Bogan), and Josh Thomas (Please Like Me).

Shameless promotion from Ten, who put a little Biggest Loser pop-up in the corner of the screen while the nominees are read out: Australia's Got Talent, The X Factor, My Kitchen Rules and Masterchef the Professionals. And in a moment surely all the sweeter because it involved them beating MKR, Masterchef take the award.

Matt Preston describes himself as a drunken uncle at the raucous wedding of the Aactas, before the camera pans to a hall of slightly glazed and impeccably behaved people. It's not the Logies is it?

Masterchef: The Professionals winners are grinners! #channelten #AACTAs pic.twitter.com/ysNJ9vcunD

— AACTA (@AACTA) January 30, 2014

Baz Luhrmann takes the Aacta for best director, shows us his amazing suit and says he's "genuinely surprised to be receiving this award because it doesn't happen to me that often."

He's paying tribute to making The Great Gatsby in Australia, and to a diverse and brilliant crew. "I never remember a second where anyone ever gave up," he says. And of course to Catherine Martin, designer extraordinaire, and also Luhrmann's wife.

Bit odd to follow that with a shouty advert for the Biggest Loser, Ten.

Power Games is having a good night already – Luke Ford takes the gong here, seeing off competition from his co-star Alexander England "a young Gene Hackman" apparently, Peter Mullan for Top of the Lake, and David Wenham for Better Man.

And yes, Kat Stewart's dress is indeed gorgeous.

Silver Linings Playbook's Bradley Cooper gives a charming introduction to this award, which honours Jacki Weaver's contribution to Australian film. She is the first woman to receive the award, says Claudia Karvan, paying tribute to her – which given that she's its 39th recipient, is slightly jaw-dropping.

While these speeches about Weaver are lovely, I must say I'm dying to hear from the actor herself. She gave an interview to ABC radio recently that made me swoon. (That she's now doing so wearing specs on a string, is making me love her even more). "I'm sure I don't deserve it, but I'm not giving it back," she quips, slightly teary. Even better, she's giving love advice from the podium.

And here's a lovely candid pic of her with the award …

Jacki Weaver blushes after revealing George Clooney is the actor she would love to work with! #AACTAs pic.twitter.com/M8SJEuZljv

— AACTA (@AACTA) January 30, 2014

Elizabeth Debicki takes this award for her role in The Great Gatsby. Well deserved – I saw Debicki on stage in Sydney Theatre Company's The Maids last year, and she was by some way the best thing about it. (And she was sharing a stage with Cate Blanchett and Isabelle Huppert).
Here's she's beaten off competition from her Gatsby co-star Isla Fisher, Mirrah Foulkes for The Turning, and Alice Keohavong who was nominated for The Rocket.

Lachy Hulme takes the award for Power Games: The Packer-Murdoch Story which aired on Nine, beating Ernie Dingo (Redfern Now), Meyne Wyatt (Redfern Now) and Remy Hii – whose performance in SBS's Better Man I particularly admired.

Hulme does a polite, dignified set of thank yous and hands over to Geoffrey Rush, who has the most marvellous hair this evening.

To a not entirely receptive audience, it must be said. He's not Tina Fey or Amy Poehler that's for sure – although, that Scott Morrison gag bought at least a flicker of a smile to my face. We also get a fabulous cut to Baz Luhrmann and Catherine Martin who both look immaculate. I can't wait for them to stand up and show us their full outfits.

It wouldn't be Australian television if the broadcaster didn't delay a show for the purpose of advertisers without a thought for their viewers – and so we begin five minutes late, with Ten's live in Sydney montage, with some reporters from Wake Up I'd be amazed if anyone recognised, given the show's viewing figures. Also on show: gorgeous Sydney sunshine and some lovely frocks.

A fashion moment Cate Blanchett! #AACTA pic.twitter.com/gOiK0OguBX

— OK! magazine Aus (@OKmagAustralia) January 30, 2014

I'd say we're live from the red carpet, but in fact we're live from my sitting room thanks to the wonder of Ten. (Not a phrase used very often, it must be said). Tonight we discover which films and television programmes Australia should be most proud of – regardless of whether most Aussies would regard them as Australian productions. So, will Leo DiCaprio scoop best actor? Could The Rocket triumph over Baz Luhrmann's blockbuster? And which incredible piece of television will take the award for best reality TV show?

All this and more to come …