Pictures of the Miss Universe 2012 Competition

We love us a beauty pageant, and the Miss Universe competition is the big one. Last night in Las Vegas, USA contestant Olivia Culpo, 20, took out the 2012 title. Our very own Aussie entrant, Renae Ayris, placed third runner-up in the show that was watched by an estimated one billion viewers. We're taking a look at the beauty highlights — so prepare yourself for a lot of shiny white teeth and very big hair!