More public assets are set to be sold off by the Andrews government in a bid to keep the state's budget in check after a year of big spending.

After the $9.7 billion Port of Melbourne lease deal, however, it remains unclear what big public assets remain in state hands.

Premier Daniel Andrews, with Treasurer Tim Pallas who is planning sell off more public assets to ease budget pressure. Credit:Josh Robenstone

The TAC and WorkCover are among the few remaining assets that could be earmarked for sale, although such a move would be likely to infuriate the union movement.

Victoria owns a stake in the Snowy Hydro business, but selling this would be complicated as the asset is also owned by the NSW and federal governments. The state also owns various water authorities, although legislation makes these difficult to sell.