Labor transport plan undercosted: Vic govt

VICTORIAN Labor's plan for 24-hour weekend public transport will cost double what it says and lead to a hike in fares, the government says.

Under the $50 million proposal, all-night public transport will run on weekends from New Year's Eve 2015, with the trial to run for 12 months if Labor wins the November state election.

Trains will run on all lines, while extra trams and buses will also ferry people out of the city.

But Treasurer Michael O'Brien says the policy will cost double what Labor says, based on figures supplied by Public Transport Victoria and the Department of Justice.

"What this information indicates is that Labor's costings are completely wrong," he told reporters in Melbourne.

The coalition is basing its claims on an assumption Labor's plan will require 530 extra security guards and eight new trains, because running trains through the night on weekends will "play havoc with maintenance schedules".

Mr O'Brien says there is already adequate public transport services on weekends.

"Victorian public transport users face a fare hike of 22 per cent to pay for Labor's unfunded promises," he said.

"When they were in government, they got their costings wrong, they couldn't run major projects.

"This demonstrates they have learnt nothing from those errors."

But Deputy Opposition Leader James Merlino rejected the claims, saying the proposal would get people home safely.

"These are desperate claims from a clearly rattled premier, whose only transport project is a dud $8 billion tunnel that costs a lot and doesn't do very much," he told reporters.

Mr Merlino says Labor is confident in its costings and will release full costings before the election.

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