Certain restrictions on inner city high-rise buildings would be removed by Opposition Leader Matthew Guy if he wins the state election, in a policy that threatens to revive his controversial reputation as "Mr Skyscraper".

The former planning minister has also declared he has no regrets about one of the most contentious and costly policy decisions of his career – the rezoning of farmland in Ventnor, on Phillip Island.

Matthew Guy Credit:Morgan Hancock

In an interview with The Age, Mr Guy said that the Coalition would dump Labor restrictions that govern the scale of new city towers if elected on November 24.

The planning rule – known as C270 – was put in place by the Andrews Government in 2016, requiring developers to meet certain conditions on height, setback, building separations and plot ratios.