The 45-year-old singer is reportedly taking the young model under her wing, and started by advising her against a career in Hollywood, reported People magazine.
"Kylie's taken Cara's career into her own hands and talked her out of becoming an actress. She knows doing bot means spreading yourself thin. Kylie has made it her mission to take Cara under her wing and make sure she doesn't get herself into the trouble may models have go themselves in," a source said.
Now, she is keen to make sure her friend - who she met at the Met Ball in New York last month - doesn't make the same mistakes.
"She knows the pitfalls of the showbiz industry but sees to much potential in Cara. Kylie quit 'Neighbours' for pop and when she did 'The Delinquents' film, it didn't really work," the source added.