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One of the most elegant fashion events on the racing calendar, the Longines Golden Slipper Day, has begun at Sydney’s Rosehill Gardens.

A host of celebrities descended on the venue, including Kate Waterhouse, Samantha Armytage and Karl Stefanovic.

The star-studded guest list is encouraged to pull out all the sartorial stops, with the Longines Prize for Elegance fashion competition recognising the “most elegant” female and male on the day.

Kate Waterhouse, the daughter of racing royalty Gai Waterhouse, kicked off the fashion stakes in an unconventional grey Fendi suit.

The 7 Racing reporter, known for her stunning race day looks, accessorised the two-piece with a pair of chunky, black Valentino heels, and a contrasting mustard Bulgari bag as her “touch of gold”.

Meanwhile Lucia Hawley, the 24-year-old daughter of TV presenter Antonia Kidman and niece of Australian actor Nicole Kidman, stunned in a sleek dress by Dion Lee.

The fitted gown – with a corset-style bodice top – featured knitted sleeves and knit panelling throughout, with at interwoven halter neckline.

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