ACT’s Strategic Economic Development Framework is designed to ensure Canberra remains a place where people can live well, work flexibly, and stay connected.
At a glance
Who: Government of the Australian Capital Territory.
What: CBR2030: ACT’s Strategic Economic Development Framework will focus on four missions, centred around knowledge-based economic growth, a net-zero future, giving back time to Canberrans and building its future today.
Why: It aims to build on a decade of transformation to ensure that Canberra remains inclusive, sustainable, and full of opportunity as it continues to grow.
When: The framework details the priorities until 2030.
The Government of the Australian Capital Territory has announced its economic development priorities to 2030 will focus on accelerating knowledge based economic growth, the transition to a net-zero economy, and productivity and lifestyle enhancing infrastructure for Canberrans.
CBR2030: ACT’s Strategic Economic Development Framework aims to build on a decade of transformation to ensure that Canberra remains inclusive, sustainable, and full of opportunity as it continues to grow.
The strategy is designed to ensure Canberra remains a place where people can live well, work flexibly, and stay connected.
The framework recognises that Canberra is one of the fastest growing economies in Australia and the government aims to deliver “world- leading quality of life” for its residents.
“Powered by innovation, education, and strategic infrastructure investment, Canberra has seen consistent growth, record job creation and a surge in new businesses”
Chief minister Andrew Barr said CBR2030 builds on the ambition set in 2016 and the direction established through CBR Switched On in 2022.
CBR2030 is built around four missions that define a shared future for the city:
“CBR2030 is about shaping a city that works for everyone,” said the chief minister. “Powered by innovation, education, and strategic infrastructure investment, Canberra has seen consistent growth, record job creation and a surge in new businesses.
“We’ve broadened our public and private sector economic base and have seen uninterrupted economic growth for more than three decades.
“Through this new framework, we seek to enable our economy to reach 300,000 jobs by 2030.”
The framework also focuses on delivering city-shaping infrastructure today, supporting community life and economic opportunity for a growing city.
Precincts that integrate jobs, education and culture are central to this approach, creating places that connect people and enable innovation.
For more information and to read the full strategy, visit: www.act.gov.au/open/cbr2030-acts-strategic-economic-development-framework.
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How will Canberra achieve its goal of 300,000 jobs by 2030?What strategies support Canberra’s transition to a net-zero economy?How does CBR2030 plan to enhance flexible work and connectivity?In what ways will precincts integrate jobs, education, and culture?How will infrastructure investments improve quality of life in Canberra?