The 44-year-old singer has split from her long-term manager Terry Blamey, who helped launch her pop career with the release of Locomotion in 1987, when she was just 19. The pair ended their partnership on New Year’s Eve after Kylie wrapped up her 25th anniversary tour, though it's understood a decision was reached in September.
Terry said in a statement: "Kylie has decided to pull back slightly from the pressures of her career and devote more time to herself and her acting career. "This is not to say she will be retiring from music, just taking a bit of a break. As we reach this fork in the road after a wonderful 25 years working together, we do so amicably, wishing each other nothing but the very best for each other's continued success."
As the news was announced, Kylie reassured her fans on Twitter that she was "not quitting."
The diminutive star, rose to fame starring as Charlene in Australian soap Neighbours in the Eighties. She has had several film roles over the years, including in Moulin Rouge, Streetfighter and The Delinquents.
She recently appeared in indie film Jack And Diane, and French film Holy Motors, which re-ignited her love for acting. In the film, which also stars Eva Mendes and Denis Lavant, Kylie plays an air hostess (below).
The pretty blonde said she worked hard to perfect her craft for the French sci-fi adventure. "It's good to be acting again," she said shortly before the film premiered. "It terrifies me in a completely different way and I almost had to unlearn things that I just do naturally, as being 'Kylie'. So I think I had extra work to get rid of that and to be believable as this character."
Kylie told the Guardian last year: "I'd definitely love to do more acting. My heart cries out for it; it's such a deep longing. "For years I've been waiting to get back into it and it just hasn't happened. Or, it has happened and it was so disastrous that I thought: 'Oh, it's just not for me'."