There were 8 teams in the 1974 ACTAFL Competition, Ainslie, ANU, Belconnen, Eastlake, Manuka, Queanbeyan, RMC and West Canberra.
Ainslie finished in third place after the home and away games behind Manuka and Eastlake with 10 wins, 5 losses and a draw. Due to the final five Ainslie played Eastlake in the qualifying final.
Ainslie were defeated by Eastlake in the Qualifying Final.
- Final score: Ainslie 8.6-54 def by Eastlake 16.16-112
- Goal kickers for Ainslie: Harrold 3, Cox 2, Rendell 1, O’Neill 1, Sheedy 1
- Best O’Neill, Whiteway, Fort, Hassett
Ainslie were defeated by ANU in the First Semi-Final to finish in fourth place.
- Final score: Ainslie 11.14-80 def by ANU 17.9-111
- Goal kickers for Ainslie: Sheedy 3, M Smith 3, Johnson 2, Shanley 2, Whyte 1
- Best: Hassett, Johnson, C Smith, Fort, O’Neill
Manuka won the Premiership by defeating Eastlake by 34 points.
Garry Cox was third in the Mulrooney Medal count.
Kevin Hassett played his 150th game, Laurie Laffan, Bernie Ryan and Graham Gardiner played their 100th games during the season.
Ainslie players who represented the ACT in 1974 were J Jillard, R Rendell, C Smith, G Cox, B Read and N Gregory.
- Coach: John Jillard
- Ass.Coach: Garry Cox
- Managers: John Bravo, John McGrath