Victorian Treasurer Tim Pallas has resigned from his role.
Mr Pallas, 64, made the announcement on Monday, bringing to an end 20 years in state parliament.
Four government sources told The Age the decision comes as his relationship with the premier’s office became ‘strained’ ahead of the release of the state budget.
His resignation will trigger a byelection in the seat of Werribee.
Mr Pallas was first elected in 2006 and assumed the role of treasurer when Daniel Andrews was voted in as premier in 2014.
He is the latest in a long list of Labor MPs who have thrown in the towel and he joins the ranks of former deputy premier James Merlino, former health minister Martin Foley and former police minister Lisa Neville.
more to come
Victorian Treasurer Tim Pallas will resign from his role
