The Bulls finished the day 4-308 after Joe Burns (60), Marnus Labuschagne (59) and Charlie Hemphrey (87*) all brought up half-centuries.
For Victoria, Boland (1-38) was the pick of the bowlers while Tremain (1-70), Holland (1-102) and Short (1-37) also picked up wickets.
Play will resume tomorrow at the CitiPower Centre from 10:30am.
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