For the third consecutive year the AFI is offering the Fellowship grant of $20,000.
Julius Avery's short film Jerrycan was awarded an Honourable Mention at this year's Sundance Film Festival.
During the announcement of the AFI Award nominees this afternoon, Vince Colosimo and awards night host Stephen Curry presented to the audience the commemorative stamps' artwork.
To celebrate the AFI Award's 50th Anniversary, Australia Post and the Australian Film Institute are inviting the public to choose the five greatest Australian films of all time.