UPDATE, 1.30pm: TWO men seriously injured in an accident on the Cobden-Lavers Hill Road last Friday remain in serious but stable conditions at The Alfred Hospital in Melbourne.
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A third man transported by ambulance to a Geelong hospital has been released from care.
Camperdown police Senior Constable Steve Clissold said the driver of the Holden Colorado, from Hoppers Crossing, had suffered significant but not life-threatening injuries.
"He's got fractures to a collarbone, arm and elbow, a severe laceration to his right arm, three broken right ribs, a broken left rib, a fractured sternum, fractured leg femur and problems with his hips ," he said.
"Both men were flown to The Alfred. Fortunately they are in a serious but stable conditions and their injuries are not regarded life-threatening," he said.
Earlier: THREE people suffered serious injuries in an accident involving an Armaguard Landcruiser, a Holden Colorado and a Bartons Waste truck along the Cobden-Lavers Hill Road.
Camperdown police Senior Constable Steve Clissold said the accident happened between Cobden and Simpson just before 12.30pm on Friday.
The Armaguard Toyota Landcruiser was travelling south on the Cobden-Lavers Hill Road with two occupants when there was a collision with a white Holden Colorado twin-cab utility going in the travel opposite direction about 150 metres north of Gribbles Road.
"A Bartons garbage truck has then come around the corner and the driver had to take evasive action to narrowly avoid the Armaguard Landcruiser," he said.
"The garbage truck finished in the trees. It was a pretty horrific scene when we got there."
Senior Constable Clissold said a Warrnambool man, who was a passenger in the Armaguard Landcruiser, and a passenger in the Holden were flown to The Alfred Hospital in Melbourne by helicopter.
"The driver of the Colorado, also a Warrnambool man, was taken by road ambulance to a Geelong hospital road ambulance. They all had serious injuries.
"Investigations into the cause of the accident are continuing. It happened on a sweeping bend in a 100km/h zone and the road was wet at the time."
Senior Constable Clissold urged all drivers to take extra care with heavy traffic due to the ANZAC Day holiday and wet weather expected in the next couple of days.