Elle Macpherson and her former long-term partner Busson are sharing the parenting of their two children, Flynn and Cy.

"I'm very fortunate because we're committed to co-parenting our children together," Elle said.

The famous model, who is displaying a figure at 42 which would make her the envy of women half her age, has slammed rumors that she would have moved back home to raise her two sons.

"Contrary to rumours, I'm not moving back to Australia," she said. "I would not separate my children from their father."

"I'd like to get back to Australia as soon as I can for a holiday," confessed the fashion star, who has been focusing on her work after the split.

"I have a new nanny starting called Sylvia. I got her from Australia. She's actually French which is good because my boys are half Australian and half French," the actress added.

"I'm trying to be very positive at the moment. I'm just focusing on my business, said the famous beauty, who is promoting her new lingerie range, and is also set to release her first skincare range Elle Macpherson The Body in 400 stores in the UK in the coming weeks.

"I'm just about to launch a collection of 14 skincare products that are for the body moisturisers, body oil, hand cream, emergency repair balm.

"That's something I've been working on for three years."