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Peter Lalor was famous because he led the miners in the Eureka Stockade.

Due to the deplorable conditions on the goldfields, and the lack of miners' rights and representation in government, Lalor was unofficially "elected" on 30 November 1854 to be a more militant leader and voice for the diggers.

Lalor led the rebellion that later became known as the Eureka Stockade, during which 22 diggers and 5 troopers died. Despite its apparent failure, though, the Eureka Stockade gained the attention of the Government. A Commission of Enquiry followed and changes were made. These included abolishing the monthly gold licences, which were replaced by a much more affordable annual miner's licence. There were fewer troopers on the goldfields, and intrusive spot-checks ceased.

Legislative Council was expanded to allow representation to the major goldfields. Peter Lalor and another representative, John Basson Humffray, were elected for Ballarat. Later, Lalor was elected Speaker of the Legislative Assembly of Victoria. For these reasons, the Eureka Stockade is regarded by many as the birthplace of Australian Democracy.

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