The driver of the second vehicle then seemed to throw a punch at Hunt.
"Can you just walk away? Just walk away," the driver behind the pair was then heard saying.
Hunt then returned with what looked to be a gardening tool, approaching the other vehicle and telling the other driver, "You wanna die?"
"Rex, just leave him," one person is then heard saying.
According to onlookers, Hunt's wife, Lynne, was also in the car during the time of the incident.
“His wife was there, and his dog was at the back, and he was just threatening the guy,” witness Byron Hughes told Nine News.
“I told my mate just back off, go away. His wife’s just trying to tell him to go back in the car.
“Losing his s**t.”
The other driver reportedly then chased Hunt "in an aggressive manner" and was seen “throwing punches at trees”.
It's not the first time the 76-year-old has been involved in a public road rage altercation.
Back in 2009, Hunt was ordered to work as a kitchen hand for the underprivileged after he broke a cyclist's finger in an argument on North Road in Elwood.
A judge later found Hunt guilty of recklessly causing injury.