Sydney-based artist Tony Costa has won this year's Archibald Prize for his portrait of fellow Australian artist Lindy Lee.
Costa was announced the winner of the $100,000 prize for portraiture, now in its 98th year, at the Art Gallery of NSW in Sydney on Friday.
It's the first ever Archibald-winning portrait to feature an Asian-Australian subject.
The Archibald is Australia's most prestigious annual portrait painting prize. Source: AAP
"I'm absolutely overwhelmed, honoured and thrilled," Costa said in a statement.
"I am very aware of all those who have come before me as Archibald Prize winners and I am humbled, to say the least."
He has made the final cut three times previously - in 2015, 2017 and 2018 - but it's the first time he has won the prestigious prize.
Lee is a contemporary Australian artist herself and a Zen Buddhist.
The President of the Art Gallery of NSW board of trustees, David Gonski, said it wasn't an easy year to pick a winner.
"There was a lively and thoughtful debate, but in the end the judges were unanimous in their choices," he said.
Among the other 50 finalists were Tessa MacKay's Packing Room prize-winning portrait of actor David Wenham, and portraits of high-profile Australians including artist Daisy Tjuparntarri Ward, musician Megan Washington, journalist Annabel Crabb and rugby league player Greg Inglis.
Art Gallery NSW director Michael Brand addresses the audience at the ceremony announcing the winner of the $100,000 prize for portraiture. Source: AAP