After a long absence from the red carpet, Cate Blanchett hit the red carpet at the 2012 Helpmann Awards in Sydney, Australia, last week.

The actress wore an LBD from the Fendi Fall 2012 collection.

Between the waxy-looking balloon sleeves and the suffocating neckline, I can’t say this is Cate’s finest hour.

A black leather clutch and black round-toe pumps completed this instantly forgettable look.

I just wish Cate would find her way back to Armani. It’s the place where she was at her happiest.

Credit: Style.com & Getty