FAMILY AFFAIR: Family cattle enterprise recognised
A BOND between two brothers has carried their major cattle enterprise to the top of the mountain.
The intergenerational success John Speed from Rolleston and Bill Speed from Taroom have achieved has been recognised by NAB, with the Speed family highlighted at the 2020 NAB Agribusiness Calendar launch in the Barossa Valley on November 28.
John owns Redrock Cattle Company and Bill owns Brigodoon Cattle Company, but together they own Tarlton Downs Pty Ltd, which carries 50,000 head of cattle across 1.2 million hectares in the Top End.
John said he and Bill had achieved what they wanted with their partnership in Tarlton Downs Pty Ltd.
"It's something Bill and I dreamt of and talked about growing up," Mr Speed said.
"We achieved it through the partnership and it's enabled us to conquer personal goals.
"I don't foresee Tarlton Downs Pty Ltd expanding but we will expand our personal enterprises, Redrock and Brigodoon."
NAB agribusiness customer executive Neil Findlay said the 2020 calendar was dedicated to the many faces and families of agribusiness.
"Today's tough times are throwing multiple challenges at many agribusinesses. Each month, the calendar highlights businesses that have outsmarted adversity, built strong business foundations through the generations or remained successful by developing new strategies to meet changing demands and challenges," Mr Findley said.
"One thing many have in common is a belief that doing things as a family, often over the generations, is the key to agribusiness progress and longevity."
With so many cattle to manage across such a large area, there's no shortage of jobs for family members and the Speeds have been succeeding with a team effort.
John's sons Ben, Jack and John manage the helicopters and mustering, while Bill's son Bob oversees the livestock and property development. Bill's other son, Tommy, manages the feedlot, while daughter Emily is in the office.
"My father was in partnership with his brothers then he dissolved that one for a partnership with his sons, Bill, James and I," John said.
"He passed away and we stayed in partnership for seven years before Bill and I went into partnership and brought the Tarlton Downs enterprise in the Northern Territory."