It was speculated that The Real Housewives of Sydney would not be returning to screens for a second season.

However on Friday, Lisa Oldfield, 43, hit back at the claims, stating that it couldn't be further from the truth.

Speaking exclusively to Daily Mail Australia, while promoting World Play-Doh Day this Sunday, the mother-of-two got candid about the reports that have been swirling since last year.

EXCLUSIVE: 'That's just speculation!' Reality star Lisa Oldfield (pictured), 43, said the rumour that the Real Housewives of Sydney has been axed is 'false', in an interview with Daily Mail Australia on Friday

'That's not true, it's completely false, that's just speculation,' Lisa said.

'By no stretch of the imagination have we been told The Real Housewives of Sydney won't be renewed, we have very much been told to sit tight, and asked that we aren't allowed to do anything drastic with our hair or anything like that.'

She continued: 'We are still very much beholds to our contracts, we still have to ask very much to have permission to do anything like I'm A Celebrity Get Me Out Of Here.

'We are always reminded that we are ambassadors for The Real Housewives brand and to not sign up to anything that could affect the brand.'

Round two: 'That’s not true, it's completely false, that’s just speculation,' Lisa said of the reports

It comes after Woman's Day claimed on Monday that insiders confirmed the series 'won't be renewed' for a second season.

The publication alleged that the series has been finally axed for good after the 'mean girl' behaviour on the first season failed to resonate with viewers.

Last year, Foxtel executive director of television Brian Walsh told The Daily Telegraph that the series went 'too far'.

'A lot of the women in this show were nasty for nasty's sake and have no redeeming features,' he said.

After setting the record straight on the rumours, Lisa revealed to Daily Mail Australia her upcoming work projects.

Priorities: 'By no stretch of the imagination have we been told The Real Housewives of Sydney won't be renewed, we have very much been told to sit tight,' she added

'I've got a show in the pipeline at the moment, diametrically opposed and could not be any different to the housewives (franchise).'

'It's in planning mode now and once it gets the green light I will go back to Matchbox Pictures (a film and television production company) and plan to do that.'

'It's a documentary that I'm hosting, it's a very scandalous and historical documentary. Information will be forthcoming soon. It's a project that we've been working on for six months and I can't wait,' she revealed.

Lisa added that while she's working on new projects, family is her number one priority.

New venture: 'I've got a show in the pipeline at the moment, diametrically opposed and could not be any different to the housewives (franchise).' Lisa is pictured with sons Harry (left), 6, and Albert (right), 5

'At the end of the day, the documentary is nice, but it's really about reprioritising and what's really important are my kids, nothing really else matters.'

More information on the documentary will be released in early 2019.

For information on World Play Doh's family day or to buy tickets go to Eventbrite.

