However, he was then cast as an Australian soldier in A Town Like Alice (1956), which became the third most popular film at the British box office in 1956 and won Finch a BAFTA for Best Actor. He followed it with The Battle of the River Plate (1956), playing Captain Hans Langsdorff. This was also successful financially and British exhibitors voted Finch the seventh most popular British star at the box office for 1956.
In 1980, American author Elaine Dundy published a biography of Finch titled Finch, Bloody Finch: A Biography of Peter Finch. That year, his second wife, Yolande Finch, also published a posthumous account of their life together, Finchy: My Life with Peter Finch. Another biography had previously been published by his friend and colleague Trader Faulkner, in 1979.
He did radio acting work with Hugh Denison's BSA Players (for Broadcasting Service Association, later to become Macquarie Players). He came to the attention of Australian Broadcasting Commission radio drama producer Lawrence H. Cecil, who was to act as his coach and mentor throughout 1939 and 1940. He was "Chris" in the Children's Session and the first Muddle-Headed Wombat.
“Peter and the team offer professionally run, competitive golf at the best courses in the UK. It has been a great way for me to play the top venues under tournament pressure whilst meeting people I now class as friends. A tight ship is run too, with no questionable handicaps and scores, which are well within reason, picking up prizes is a refreshing change. Since my involvement from 2014, you can see the tour growing naturally year on year and given the schedule who can see it stopping. Every event is top class – and glad to be apart of it.”
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Finch was nominated for an Oscar for Network and went on to posthumously win the award, which was accepted by his widow, Eletha Finch. Although James Dean, Spencer Tracy and Massimo Troisi were also posthumously nominated for a Best Actor Oscar, Finch was the first actor to have won the award posthumously, as well as the first Australian actor to win a Best Actor award. He was the only posthumous winner of an Oscar in an acting category until fellow Australian Heath Ledger won the Academy Award for Best Supporting Actor in 2009; there were many earlier posthumous Oscar winners in non-acting categories. Finch also won five Best Actor awards from the British Academy of Film and Television Arts (BAFTA), including one for Network.
The number of Race to Dubai points available in the last three events of the season was increased, and the field size reduced. The aim was to make more players still have a chance of winning the Race to Dubai entering the final events. In addition, although the prize money was not increased, the bonus pool of US$5m would now be split among the top five players rather than the top ten. The money saved from restricting field sizes was used solely to increase the first prizes, which means that the tournaments would not have the standard prize fund distribution, and the DP World Tour Championship, Dubai would have the largest tournament first prize in golf of US$3m.