Karl's girlfriend flashes knickers

She's the shoe designer who has stolen the heart of television presenter Karl Stefanovic, just months after news of his split from wife Cassandra Thorburn emerged.

And while her most recent snaps shows Jasmine Yarbrough as a glamorous socialite at Hollywood's hottest events, a blast from the past could show a cheekier side to the 33-year-old.

A video from Just Jared's 2012 Halloween Party shows a blonde bombshell, who goes by the very same name, flashing the flesh in a risque vampire Miss Piggy costume.

She sports a pale pink leotard and a statement tutu, teamed with a pair of over-the-knee socks.

Underneath her party skirt is a pair of silver knickers, which she happily shows off to photographers at the event with a voluntary twerk for the cameras.

She also dons a long, golden wig, a pink ears headband, matching bowtie, pearl necklace and daring contact lenses. So could this be Jasmine?

Brisbane-born Jasmine has been based in the US for the past few years, keeping busy as one of the designers behind shoe company, Mara and Mine, alongside fellow co-founder Tamie Ingham.

And with their luxury slip-on shoes worn by the likes of Kendall Jenner and Cara Delevingne, it's no surprise that Jasmine and Tamie have landed hot invites to some of the biggest events in Hollywood.

Just last week, the duo attended the Tommy Hilfiger show at New York Fashion Week, while Jasmine has also made appearances at Paris Fashion Week and several parties with celeb pals Louise Roe and Elyse Taylor.

Jasmine is now back in Australia and was spotted getting cosy with 42-year-old television presenter Karl over the weekend.

The pair are said to have met at a party in December, and it's speculated that Karl will take his new lover to his brother Peter Stefanovic's wedding to Sylvia Jeffreys later this year.

Neither Karl or Jasmine has officially confirmed their romance, but Karl is reportedly head-over-heels for the shoe designer, who is nine years his junior.

“Karl is absolutely smitten,” a friend told The Daily Telegraph. “He has told other friends he is keen to go completely public as he sees her as a legitimate long-term love prospect.”

RELATED: Inside Karl and Jasmine's beach break
RELATED: Karl’s new 'girlfriend' lands in Sydney

The host is reportedly ready to introduce Jasmine to his kids Jackson, 17, Ava, 11 and River, 10. A friend told Woman's Day that "Jasmine plans to meet Karl's family and get closer to them over the next month while she's in Australia."

The TV host has already "broken the news" of his rebound relationship to his estranged wife Cass in the wake of their split after 21 years of marriage. "That was a big step for Karl," a source told Woman's Day, adding: "It's really tough for Cass."

Want more celebrity, entertainment and lifestyle news? Follow Be on Facebook,Twitter, Pinterest, Tumblr and Instagram