To the support the continued strength and growth of the ACT economy, the Chief Minister’s Department has a role in coordinating the development and delivery of economic policy across ACT Government and providing strategic advice to the Chief Minister and ACT Government on the economy of the ACT and the region.  This includes:

• developing economic strategies, policies and action plans, in consultation with other ACT Government agencies;
• monitoring the implementation and effectiveness of economic policies;
• preparing economic analysis, forecasts and statistical information; and
• commissioning and disseminating economic research to inform policy development. 

Capital Development: Towards our Second Century

Capital Development, released in September 2008, is the ACT Government’s economic strategy to build a stronger, more dynamic and sustainable ACT economy. Capital Development is a high-level strategic framework, which sets enduring objectives and themes to guide future policies.  It sets out the Government’s ongoing commitment to prudent fiscal management, appropriate regulation, sustainable development, and working with the region to increase economic benefit.  Central to Capital Development are three strategic themes which guide the Government's economic policies:

• investing in people to increase the capacity and flexibility of the economy; 
• encouraging business and innovation to help foster a more creative, competitive and dynamic business sector; and
• building infrastructure and planning for the future to support and co-ordinate economic activity.

Capital Development [ PDF 2.9MB]
Capital Development - 'at a glance' [ PDF 496KB]

The ACT and its Region: Economic Relationships and Key Drivers of Economic Growth

The ACT and its Region: Economic Relationships and Key Drivers of Economic Growth was commissioned by the Chief Minister's Department in February 2008 to support the preparation of the ACT's economic strategy (Capital Development), and to inform policy deliberations and decision making by ACT Government agencies and ACT businesses. The report examines economic activity and linkages in the ACT and its region, the outlook and structure of the ACT economy, and the economic opportunities and risks facing the ACT.

The ACT and its Region: Economic Relationships and Key Drivers of Economic Growth [ PDF 2.9MB]