Tziporah Malkah drinks $7 champagne to celebrate New Year

She's the former fiancee of billionaire James Packer, who once lived a life of glitz and glamour.

But on Sunday evening, Tziporah Malkah (previously known as Kate Fischer) looked ready to ring in 2018 in a far more economical way.

The 44-year-old took to Instagram to wish her fans a Happy New Year, before popping a bottle of $7 champagne and drinking it straight from the bottle.

Celebration: Tziporah Malkah returned to the public eye in 2017, and capped off her hectic year by drinking $7 champagne from the bottle on Sunday evening- broadcasting the event on Instagram 

Celebration: Tziporah Malkah returned to the public eye in 2017, and capped off her hectic year by drinking $7 champagne from the bottle on Sunday evening- broadcasting the event on Instagram 

 It appeared the starlet was celebrating alone, broadcasting several videos from her family's property in regional New South Wales.

Going make-up free and wearing a cotton nightie, Tziporah's prudent New Year's Eve party was a far cry from the opulent bashes she once attended.

In the 1990s, Tziporah was an international model who zipped around the world in designer invited to film premieres, shows and exclusive gatherings with the world's elite.

Thirsty work! 'HAPPY NEW YEAR!' the stunner cheered, before taking a large gulp of the bubbly beverage 

Thirsty work! 'HAPPY NEW YEAR!' the stunner cheered, before taking a large gulp of the bubbly beverage 

 'As the sun's going down I thought I'd open this bottle of $7 plink!' she laughed as she held up a

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