The Latest Breaking News from Tim Pallas

The premier has been upbeat but there are signs of cuts to come, and one analyst warns the state’s financial strategy needs a ‘course correction’

One state's taxpayers could soon be forking out $25 million a day in interest with credit rating agencies looking for fiscal discipline in the upcoming budget.

Voters will be heading to the polls for dual state by-elections with the former treasurer's seat and a hotly contested electorate up for grabs.

All the day’s news as it unfolded

With a new treasurer and a cabinet reset, Victoria’s premier has taken Tim Pallas’ advice to ‘renew’

Three women will headline Victoria's new cabinet in a first for Australia after Jaclyn Symes and Sonya Kilkenny were elevated to treasurer and attorney-general.

A national Essential poll , conducted December 11–15 from a sample of 1,151, gave the Coalition a 48–47 lead including undecided, unchanged from the late November Essential poll. Primary votes were 35% Coalition (steady), 30% Labor (down two), 13% Greens (up two), 6% One Nation (down two), 1% UAP (steady),…

Resignation of the ‘humble staffer who maybe got a little bit ahead of himself’ hands Victorian premier need for cabinet reshuffle

Outgoing Victorian Treasurer Tim Pallas has been hailed for his response to the COVID-19 pandemic despite leaving the state facing "enormous debt".