The new local cases come as Victoria recorded 1268 new cases of COVID-19 after 65,410 tests were conducted yesterday.

The state also recorded seven deaths.

It was a decrease from the 1343 COVID-19 cases and 10 deaths reported on Friday morning.

The majority of recorded active cases are in people aged between 20 and 29.

It comes as the Department of Health has confirmed that 651 people are being cared for in hospital.

Of these people, 161 are in intensive care and 70 people are on a ventilator.

While the number of hospitalisations have increased since yesterday, the number of people in intensive care and on ventilators has decreased.

The new cases have brought the number of active cases in the state to 16,662, and the number of cases in the City of Ballarat to 53.

This is a steep decline from the 60 active cases in Ballarat yesterday, indicating that some people have recovered.

Meanwhile, Moorabool Shire recorded nine new cases, bringing the total number of active cases there to 91.

Golden Plains did not record any new cases but has 25 active cases. Hepburn also did not record any new cases though has five active infections, while no new cases were recorded in Pyrenees meaning the number of active cases there remains at three.

In more positive news, more than 82 per cent of eligible Victorians who are aged over 12 are now fully vaccinated, after 15,058 people were vaccinated on Friday.

The latest figures come as Stakes Day heads to the starting gate in Melbourne, after two COVID-19 cases were linked to Tuesday's racing.

The Victoria Racing Club confirmed on Friday a contractor and patron who were at Flemington Racecourse on Melbourne Cup Day have tested positive for coronavirus.

Both cases are fully vaccinated and not linked to each other.

The affected venues have been deep-cleaned and will be ready for Saturday's Stakes Day, where a crowd of up to 10,000 are expected to gather for the final day of the carnival.

Health Minister Martin Foley said the cases showed Victoria's vaccinated economy system was working and punters should be confident Saturday's meeting will be "safe".

Meanwhile, Victoria's struggling health system will receive $307 million to free up capacity in hospitals and ambulances amid a surge in demand.

The health department is under pressure to release the total number of patients in ICU after it was revealed only infectious patients are being reported in the daily virus numbers.

- WITH AAP

We have removed our paywall from our stories about the coronavirus. This is a rapidly changing situation and we aim to make sure our readers are as informed as possible. If you would like to support our journalists you can subscribe here.