Vic govt ready to sell Melbourne Port

Victoria is ready to sell the Port of Melbourne with or without support from opposition parties.

Nationals leader Peter Walsh says the proposed 70-year-lease of the Port of Melbourne to a private operator was a long time to regret a "bad deal".

But Treasurer Tim Pallas says the government could sell the port's lease using powers under the State Owned Enterprises Act, if the coalition opposition doesn't support the sale.

"If the legislation doesn't pass before the end of the year, then the government would be left with no other course of action than to immediately apply ... to use administrative means to lease the port," Mr Pallas told reporters on Monday.

The Andrews government wants to lease the port for 50 years, with the option to extend a further 20 years, to fund Labor's commitment to remove 50 suburban level crossings.