Guys – put on ya thinking hats as the Australian Academy of Cinema and Television Arts (AACTA) has just announced they want you to come up with a brand new reality show!

It’s called the AACTA Reg Grundy Award, and it’s giving the lucky winner $50,000 – a $20,000 cash price and $30,000 as a development fund – for the best new, original TV program.

It’s open to any Aussie with a cracker of an idea, so get your creative juices flowing and click here to enter.

They’re after a reality show, so think – The Block, The Masked Singer, Survivor or Amazing Race.

The aim of the award is to grow unscripted entertainment in Australia, and ‘it is open to Australians from all walks of life and across all experience levels who can demonstrate an idea that is original, viable and has the all-important entertainment factor,’ the press release states.

All they need is your brilliant idea, and an entry fee of $50 for non-members $25 for AACTA Members.

Also, be quick because entry closes, Sunday 4 October 11.59pm AEST.