Treasurer bows out, leaves state debt pile behind

Australian Community Media

Victoria will have its first new treasurer in a decade as Tim Pallas steps down and quits politics, leaving a mountain of state debt in his wake. Vision courtesy: AAP

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00:00Having recently worked with the FMEA or landed the Epidemic Growth Statement and

00:04recently the VPU budget update, I think we can look back on the body of work

00:10and say well the economy is solid, the UFSME position is improving in sound

00:18and ultimately this is a great time to leave the great honour that is

00:26this high level of office. For that time for me I think it's come.

00:31Whether it's been as MP to a Premier's Chief of Staff, Ministerial colleagues as

00:36Treasurer and Premier, one of those foundations has been our shared firm

00:41belief in strong Labor values that we are here to serve our communities, that

00:47Victorian families rely on Labor governments to support them to have

00:51good secure jobs.

00:56you

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