Animal Kingdom has been named by the Australian Film Industry as the best Australian film of 2010. It received 10 awards, including best film.
Written and directed by David Michod, Animal Kingdom was nominated for a record 18 awards.
It tells the story of a Melbourne crime family, their relationship with the police and with each other.
The ABC reports it has already won the jury prize for best world cinema at the Sundance Film festival.
Veteran actress Jacqui Weaver received the best lead actress award for her portrayal of the family matriarch, Janine 'Smurf' Cody.
The National Board of Review in the United States named her best supporting actress last week and the ABC reports there is widespread speculation that Weaver will win an Oscar nomination for the role.
She is currently staring in a production of Uncle Vanya in Sydney and could not be in Melbourne to accept the award in person.
Weaver, 63, last won an AFI in 1976 when she won the best supporting actress for her role in Caddie.
Ben Mendelsohn was named best actor for his part in Animal Kingdom, where he played the oldest son of the Cody family, Pope.
Joel Edgerton was named as best supporting actor. He says the film has the makings of an Australian classic.
Animal Kingdom also won best original screenplay, the AFI member's choice award and best direction. It also received three technical awards on Friday night.
An adaptation of Tomorrow When The War Began won the best adapted screenplay category.
Bright Star by Jane Campion received three awards in the technical categories.
The ABC reports the television categories were dominated by the Hawke mini-series, which explored the rise and fall of former Australian prime minister Bob Hawke.
Inside The Firestorm, a documentary about the Black Saturday Bushfires which aired on ABC TV, won three awards in the documentary category.