Are Australian actresses the world's best dressed?

Rose Byrne: With her hilarious turn in "Bridesmaids", Byrne proved she was able to tackle all areas of the dramatic spectrum. She's also covering a lot of ground on the fashion front, with her chic, modern style garnering attention in a sea of fake tans and garish sequins. Byrne's coral Calvin Klein Collection gown at this year's Emmys was a true scene stealer.

Nicole Kidman: Love her or hate her, there is no denying the Academy Award winning actress has paved the way for Australians in Hollywood. The former face of Chanel always looks to the classics with a twist - like embellishments, sequins or lace - and can often be found showing off her 180cm frame in floor sweeping gowns from the world’s best designers.

Rachael Taylor: The 29-year-old Bonds ambassador is so much more than a pretty face - she also has superbly executed style. Tasmanian-born Taylor is a cool blonde who would have been a Hitchcock favourite – right down to her less-is-more pared back fashion ethos.

Mia Wasikowska: An acclaimed young actor (and now director of "The Turning") Mia Wasikowska has also come into her own style-wise. The 25-year-old has graduated from the standard up-and-comer boho look to sleek and stylish evening and red carpet looks. With her neat bob and streamlined silhouettes, Wasikowska is evidence that keeping it simple packs a fashion punch.

Margot Robbie: Set to hit the big-time playing Leonardo Di Caprio's wife in "The Wolf of Wall Street" in December, Robbie is a former "Neighbours" starlet who is truly on the rise. Blessed with a look that can be girl next door or siren, she also knows how to kick of up her heels, regularly spotted on red carpets in fresh whites and pretty pastels.

Teresa Palmer: The "Warm Bodies" star is currently waiting to give birth to her first child. When not nesting, this Adelaide-born actor has sexy down to a fine art. Her flirty, feminine style has a definite edge, only serving to up her It girl factor.

Naomi Watts: The star of the controversial biopic "Diana" has morphed from the girl next door to one of the best-dressed women in the world. The New York-based, Australian-raised actor has never been one to shy away from a difficult role and this goes for her fashion choices as well. Whether it’s dynamic full metal couture, as she did for the 2013 Oscars, or a simple LBD, Watts is high voltage.

Cate Blanchett: Aside from being probably being the world’s greatest modern female actor (I know, I said it), Blanchett has sophistication oozing from every polished pore. The Melbourne-born star of "Blue Jasmine" tops best-dressed lists year in year out, but we love her for her ability to defy critics with both artfully constructed pieces and full Hollywood glamour.