A conversation with Salta Properties

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The journey in the family business to success

An Australian succession success story, Salta Properties - one of the country’s largest property development businesses - made the decision to succeed early on, transitioning management of the $4 billion business from father to son.

Managing Director Sam Tarascio, who took over management from his father (also Sam), admits that despite facing a number of challenges in navigating succession, the influence of good mentors and a supportive network ensured success.

Sam also credits the longevity of Salta Properties to the strong work ethic and mutual respect of its family members, as well as the implementation of formal structures, such as a Family Board and Business Board, which plays an important role in setting clear goals and objectives for the family and the business.

Watch the video to learn about Sam's journey and the way forward for Salta Properties.

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