Golden moments from inside the 2018 Oscars' ceremony

Grab the popcorn because we've got your ticket to Hollywood's hottest award show.

By Bella Brennan and Chloe Lal

It's the ultimate celebration in Hollywood.

From the emotionally-charged acceptance speeches, stylish red carpet, live TV disasters, (here's hoping there's not a Best Picture bungle repeat like last year!) to the powerful political protests, the Academy Awards are just as entertaining as a feature film.

And tonight, the best in the entertainment business are gathering at the Dolby Theatre in Hollywood, Los Angeles, California, as host Jimmy Kimmel takes to the stage for the second year in a row for what's sure to be a night to remember.

READ MORE: The full list of 2018 Oscar nominees and winners!

Australia will be cheering on golden girl Margot Robbie as she goes head-to-head with the likes of Meryl Streep, Saoirse Ronan, Frances McDormand and Sally Hawkins for the Best Actress gong.

While the coveted Best Picture category is overflowing with incredible films including Call Me by Your Name, Darkest Hour, Dunkirk, Get Out, Lady Bird, Phantom Thread, The Post, The Shape of Waterand Three Billboards Outside Ebbing, Missouri.

This year we'll see musical acts from the likes of Sufjan Stevens, Common and Andra Day.

But the most anticipated performance will no doubt be double nominee Mary J. Blige, who will give a stirring rendition of her nominated track Mighty River from the movie Mudbound.

Click through the gallery to see all the best moments and behind-the-scenes snaps from the 2018 Oscars' ceremony.