TWO men – one on parole, the other on a good behaviour bond – have been arrested after allegedly committing multiple handbag snatches and assaulting two women on Thursday.

They also allegedly stole a Holden Commodore in the early hours of Thursday morning from a home in Narrabundah.

At about 9.10am, police allege they drove the dark-red Holden to Kingston and attempted to steal a handbag from a woman in a parked car, but were unsuccessful.

They then drove to Fyshwick and at about 9.45am allegedly assaulted a woman and stole her handbag.

The stolen vehicle was spotted in Curtin around 2.25pm, where police allege the duo stole groceries from a woman who was packing them into her car.

Police also received reports that the duo had allegedly snatched the bag of another woman in Deakin about 2.40pm.

The men were then seen driving at excessive speeds (up to 45km/h over the posted limit in residential areas) and on the wrong side of the road throughout Weston Creek and Coombs.

By 3.30pm, the two men were cornered by police in a cul-de-sac in Curtin where they attempted to flee on foot but were caught by using the police dog squad.

A 40-year-old man from Mawson has been charged with driving a stolen motor vehicle, joint commission attempt minor theft, joint commission aggravated robbery (x2), joint commission minor theft, breach of a good behaviour order, unlicensed driving, dangerous driving and drug driving.

A 35-year-old from Phillip has been charged with joint commission attempt minor theft, riding in a stolen motor vehicle, joint commission aggravated robbery (x2), joint commission theft, and breaching parole.

Anyone who can assist the investigation or who has CCTV or dash-cam footage should call 1800 333000, or via the Crime Stoppers ACT website.