And here comes Naomi Watts, who should’ve won last year for The Impossible, swanning in and showing everyone how it’s done for the second Oscars in a row.

This photo doesn’t do justice to how great she looked. The purse is beautiful, the dress is stunning on her, the lipstick was red (it looks pinkish here, but then, so does the carpet and we all know THAT is red), and the necklace was a perfect choice — I love that, in a passing glance, you might think it’s the collar of the dress. So, sure, maybe Blanchett won an Oscar, but Naomi won AUSTRALIA.

[Photos: Getty]