Australian singer/actor Dannii Minogue has publicly admitted how she stripped for a raunchy men’s magazine, to pay off her increasing debts.

The current judge on the reality TV series, the X Factor, is believed to have generated over $273,398 worth of money owing after her marriage to actor Julian McMahon fell to pieces in 1995.

In a last gasp effort to pay off her debts, Minougue posed naked for the magazine Playboy.

Speaking out this week, the sister of famous national identity Kylie, said the last thing she wanted to do was pull her family down with her, even though it would have been the easy way out.

“My parents didn’t want me to do it. My dad was saying, ‘Doing this is forever – you can never, ever change it’,” she said.

“Kylie knew why I was doing it. I could have asked her for the money but it wasn’t in my nature. I never wanted to admit the trouble I was in. I should have been looking at my finances.”

The 38 year-old said she did not regret doing the shoot, and now that she has come clean over her motives, she feels she can now move on.

“I don’t regret it, but I feel relieved that people know why I did it – it’s a huge weight off my shoulders,” she said.

“It was actually fun and I did feel liberated. I looked at the pictures and thought, ‘I look all right!’. The magazine was the biggest-selling title they had ever had and they had to reprint.”