Jesse Hermans


The rezoning honeypot: evidence from Fishermans Bend

Planning decisions that alter the nature or extent of property rights on land can generate large windfall gains on the value of that land. This study compares 2017 sales data for 33 properties in Fishermans Bend where there was a repeat sale at the time...

The Second Interval: evaluating the ACT’s 20 year Land Value Taxation transition after 8 years

The motivation for this tax transition was to improve the predictability, efficiency and equity of the ACT’s taxation system. Eight years into the twenty year transition it appears that the reforms are achieving all three objectives.