The Great Gatsby looks set to dominate the third annual Australian Academy of Cinema and Television Arts Awards next month (Jan14) after landing 14 nominations, including Best Film.

Aussie director Baz Luhrmann's film failed to live up to expectations when it was released earlier this year (13), but it's still a favourite Down Under.

Luhrmann gets a Best Director nod for the adaptation of the F. Scott Fitzgerald classic, while Leonardo DiCaprio and Carey Mulligan have scored Best Actor and Best Actress nominations, and Joel Edgerton, Elizabeth Debicki and Isla Fisher all scooped mentions in the Best Supporting Actor and actress categories.

Also competing for double-figure awards is director Kim Mordaunt's Laotian-language drama The Rocket, which is Australia's official entry for the 2014 Best Foreign Language Oscar. It picked up 10 AACTA nominations, including a Best Actor nod for leading man Sitthiphon Disamoe.

Also up for the Best Film prize are Satellite Boy, Mystery Road and Dead Europe.

Meanwhile, Jane Campion's acclaimed mini-series Top of the Lake picked up 10 nominations in the Tv prize categories.

The Aacta Awards will be handed out in Sydney on 28 January (14).