The Inaugural Australian Academy of Cinema and Television Arts Awards, known more commonly as the AACTA Awards, presented by the Australian Academy of Cinema and Television Arts (AACTA), honoured the best Australian and foreign films of 2011 took place on two separate events, in Sydney, New South Wales: the AACTA Awards Luncheon, on 15 January 2012, at the Westin Hotel, and the AACTA Awards Ceremony, on 31 January 2012, at the Sydney Opera House. Following the establishment of the Australian Academy of Cinema and Television Arts, by the Australian Film Institute (AFI), these awards marked the inauguration of the AACTA Awards, but served as a continuum to the AFI Awards, which were presented by the AFI since 1958. The ceremony was televised on the Nine Network.

The Australian Academy of Cinema and Television Arts Awards, known as the AACTA Awards, are presented annually by the Australian Academy of Cinema and Television Arts (AACTA). The awards recognise excellence in the film and television industry, both locally and internationally, including the producers, directors, actors, writers, and cinematographers. It is the most prestigious awards ceremony for the Australian film and television industry. They are generally considered to be the Australian counterpart of the Academy Awards for the United States and the BAFTA Awards for the United Kingdom.