Olivia Newton-John has been awarded a Lifetime Achievement honour at an annual Hollywood ceremony for Australian celebrities.

The GREASE star was joined by Hugh Jackman, Eric Bana and INXS - complete with new member JD FORTUNE - at the G'Day LA: Australia Week gala at the Hollywood Palladium on Saturday night (14JAN06).

After picking up the prize, Newton-John, 57, said, "I'm just thrilled. Listen: I've lived several lifetimes, I think - and this is another one. And I'm just thrilled to be here and I'm thrilled! I'm going to enjoy every moment.

"Instead of being nervous, I'm gonna just enjoy every second, because life is short and fleeting, and the good moments aren't always there, so I'm very happy."

HULK star Bana later paid tribute to the star, telling reporters, "Yes, Olivia knows, as I've confessed this a long time ago to having plenty of posters of her in my bedroom as a child. I've embarrassed myself before in front of Olivia. So, that's OK."

Newton-John was last in the news last year (05) when her longterm partner Patrick McDermott went missing during a fishing trip. He has yet to be found.