He was soon cast in his first British movie, playing a murderous actor in Train of Events (1949). Critic C. A. Lejeune praised his work in the London Observer commenting that he "adds good cheekbones to a quick intelligence and is likely to become a cult, I fear."[19] The Scotsman said "he should be regarded as one of the most hopeful recruits to the British screen."[20]
Finch returned to Australia to make The Shiralee (1957), one of his favourite parts, and the tenth most popular movie at the British box office that year. He followed it with another Australian story, the bushranger tale Robbery Under Arms (1957), which did less well. However exhibitors still voted Finch the third most popular British star of 1957, and the fifth most popular overall, regardless of nationality.[28]
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.[30][31] Finch also won five Best Actor awards from the British Academy of Film and Television Arts (BAFTA), including one for Network.

During this time, Finch continued to appear on stage in various productions while under contract to Olivier. Finch's closeness to the Olivier family led to an affair with Olivier's beautiful but increasingly unstable wife, Vivien Leigh, which began in 1948, and continued on and off for several years, ultimately falling apart due to her deteriorating mental condition.[23]
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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.


During this time, Finch continued to appear on stage in various productions while under contract to Olivier. Finch's closeness to the Olivier family led to an affair with Olivier's beautiful but increasingly unstable wife, Vivien Leigh, which began in 1948, and continued on and off for several years, ultimately falling apart due to her deteriorating mental condition.[23]
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