About Paspalis

Limitless opportunity

Founded in 1927 by Michael Paspalis MBE, Paspalis has been a cornerstone of Darwin’s business landscape for almost a century. Under the visionary leadership of CEO Harley Paroulakis, Paspalis has diversified into one of Australia’s leading privately-owned investment firms. The company’s globally strategic approach to venture capital involves close collaboration with investors and management teams to challenge conventional thinking, build exceptional businesses, and enhance operational excellence. Paspalis’ portfolio spans innovative companies, strategic property investments, and impactful social initiatives, all aimed at creating sustainable value and fostering a thriving Northern Australia.

Paspalis aligns its interests with those of our investors and partners for lasting impact in Australia's North.

Our Vision

Our vision is to drive tangible economic and social impact in Northern Australia. Through strategic investments in visionary companies and innovative solutions, we aim to catalyse growth and drive meaningful change. We believe in actively contributing to the creation of thriving businesses, vibrant communities, and future value for all stakeholders. At Paspalis Corporation, our focus is on igniting the levers that generate measurable impact and foster a resilient Northern Australia.

The values that drive our actions

We believe our success is born of the values we aim to live every day.

Giving Back

We prioritise the economic growth and development of Northern Australia in all our endeavours. We are Territory first.


We approach every opportunity with a strategic and commercial mindset, actively seeking innovative solutions.

Shareholder Focus

Our firm commitment is to deliver exceptional value and returns to our shareholders.


Collaboration and teamwork are at the heart of our success, promoting a culture of innovation.


Upholding the highest ethical standards in all our actions and decisions is fundamental to our operations.


We treat everyone with fairness, dignity, and respect, fostering a positive and inclusive environment.


Paspalis has been a cornerstone of Darwin’s business landscape for almost a century


In 1927, almost a century ago, Michael Paspalis MBE arrived in Darwin and formed the commercial basis of the Paspalis Corporation.

The Company developed and prospered through the Great Depression, the WW2 bombing of Darwin and Cyclone Tracy in industries spanning trade, major hotels, cinemas, commercial property, retail and shopping centres.

Meet the team

We foster a Performance Culture that is team led