# ACT political and economic developments

> Developing situation record from CLSTR: https://clstr.news/situations/act-political-and-economic-developments
> Updated: 2026-11-04T02:40:12.000Z. Sources: 4. Developments: 2.

The Australian Capital Territory (ACT) has experienced significant political shifts during the midpoint of its parliamentary term. Major parties have undergone leadership changes, including two changes within the Canberra Liberals and a transition for the Greens. Additionally, the Labor deputy leader resigned following an Integrity Commission investigation into school procurement.

Chief Minister Andrew Barr has focused on economic expansion through international trade missions to the United Kingdom and Germany, aiming to attract investment and create jobs in knowledge-intensive industries. Projections suggest the ACT economy could reach $60 billion by 2027, alongside a population expected to exceed 500,000 residents. To sustain this growth, the government is prioritizing productivity, skilled worker retention, and the construction of 30,000 new homes by 2030.

## Timeline

### 2026-11-04: Canberra economy projected to reach $60 billion by 2027

ACT Chief Minister Andrew Barr forecasts Canberra's economy will hit $60 billion by 2027, driven by productivity, skilled migration, and housing reforms.

4 sources. https://clstr.news/cluster/canberra-economy-projected-to-reach-60-billion-by-2027

### 2026-10-15: ACT political landscape shifts as Chief Minister pursues international trade

As the ACT reaches its parliamentary midpoint amid leadership changes, Chief Minister Andrew Barr aims to boost investment and high-value jobs through recent trade missions to the UK and Germany.

2 sources. https://clstr.news/cluster/act-political-landscape-shifts-as-chief-minister-pursues-international-trade

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Cite as: ACT political and economic developments. CLSTR, https://clstr.news/situations/act-political-and-economic-developments