Victoria election: Huge change coming to driving rules if Matthew Guy’s Liberals win the election

The age at which Victorians can get their licence would be lowered to 17 if the Coalition wins the upcoming state election.

Currently only those 18 and older can get their probationary licence in Victoria and the change would bring the state’s road rules into line with the rest of Australia.

The licence shake-up would particularly benefit young Victorians living along the border with NSW, according to Shadow Minister for Police Brad Battin.

‘By lowering the driving age, we are opening up a world of work and study opportunities for 17-year-olds,’ Mr Battin said.

It comes as Victoria’s major parties were set to release the costings for their election promises two days out from polling day.

Treasurer Tim Pallas will provide an update about 1pm AEDT on Thursday.

So far Labor has made $12 billion worth of commitments while the Liberal and Nationals have pledged $28b, according to the Parliamentary Budget Office.

The Victorian Greens announced $37b worth of promises over the campaign.

Labor committed to upgrade at least seven hospitals, including a new Maroondah Hospital for $1.05b and earmarked $855 million to renovate the Northern Hospital.

Other major pledges include a $1b regional rail package and $1b on renewable energy projects overseen by a public-owned State Electricity Commission.

The coalition’s major promises include $2.4b to upgrade The Alfred and a $1b clean hydrogen strategy.

It has vowed to scrap stage one of the $35b Suburban Rail Loop and redirect the money towards health instead.

Victoria has allocated $85.3b to major projects over four years which is almost 23 per cent of total government expenditure, according to Infrastructure Partnerships Australia.

‘We need to build, we need to grow, we need to keep people in work,’ Premier Daniel Andrews told reporters on Thursday, flanked by tradies, nurses and early childhood workers.

He said the Liberals’ plan to shelve the Suburban Rail Loop to redirect funding to the health system was not viable.

‘What will soon be Australia’s biggest city will be choked with traffic. That is not an answer,’ he said.

Labor has refused to provide an updated estimate on the full cost for all three stages of the 90 kilometre orbital rail loop after indicating it would cost up to $50b in 2018.

Almost 1.4 million people had already cast their ballot at early voting centres as of Wednesday and just under 200,000 postal votes have been received.

Meanwhile, a new Roy Morgan poll is predicting Labor will form government on Saturday night but with a reduced majority.

The snap SMS poll released on Wednesday night predicts a 2.3 per cent swing away from Labor, but the party still leads the coalition on the two party preferred vote – 38 per cent to 32.5 per cent.

RedBridge analysis of recent polls says Labor is likely to win between 41 and 48 seats, with a minority government of 43 seats a strong possibility.

The coalition could win back the seats of Bayswater, Ripon, Ashwood and Box Hill, RedBridge director Kos Samaras told AAP.

The Greens could also pick up the Labor-held seat of Richmond.

‘There’s still a possibility (Labor) could form a majority government but minority government is now a much higher probability than it was at the beginning of the campaign,’ Mr Samaras said.

There will be no more election ads on television and radio until the close of polls, with a blackout coming into effect from midnight on Wednesday.

Ads can still be run online and in print media.