Anti-bullying program Safe Schools will continue in Victoria even if it loses Federal Government funding, Premier Daniel Andrews has promised.

Liberal Senator Cory Bernardi was briefed on the review - which has not yet been made public - and said there was still considerable unrest within the Coalition.

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"That will be calling for the program either to be axed outright, or the funding to be suspended pending a full blown parliamentary inquiry," he said.

"I understand that that letter will get a lot of support from the backbench, perhaps even majority support from the backbench."

Mr Christensen used parliamentary privilege to accuse the program of being linked to a "paedophile advocate" on Wednesday.

But Mr Andrews said if the Federal Government did cut funding for the program, the State Government would make up for the shortfall in Victoria.

He described the program, which was launched in Victoria in 2010 before it was rolled out nationally in 2014, as "brilliantly effective".

"We'll lock that funding in at a state level - because if it saves just one life, it's worth it," he said.

"Safe Schools is officially saved in Victoria, and it will have a place in our schools long after Cory Bernardi and the rest of his dinosaurs eventually disappear from the Senate."

Anti-Safe Schools campaign 'homophobic': Minister

The Safe Schools program has 251 member schools in Victoria - 162 of them are Government secondary colleges.

Victorian Education Minister James Merlino told 774 ABC Melbourne the Government had made an election commitment to roll it out to all public high schools in the state because it "saved lives".

He labelled the campaign to axe the program by some Federal Government MPs as "homophobic" and said it had been devastating to LGBTI students.

"I think the behaviour from some of these conservative MPs in Canberra is nothing short of disgraceful," he said.

"This has never been about the welfare of young people in our schools in Victoria or Australia, this has all been about a nasty internal campaign within the Liberal Party."

But Federal Government MP Eric Abetz said he had heard from parents concerned that the program was not about anti-bullying but "pushing an agenda".

"If we are talking about stamping out bullying, which is the basis on which this program attracted funding - I saw nothing in it that actually says that bullying is bad," he said.

"It is about promoting a particular of agenda, with references to websites which the overwhelming majority of mums and dads around Australia would find inappropriate."