New Zealand Company
The New Zealand Company, chartered in the United Kingdom, was a company that existed in the first half of the 1800s on a business model focused on the systematic colonisation of New Zealand. The company was formed to carry out the principles devised by Edward Gibbon Wakefield, who envisaged the creation of a new-model English society in the southern hemisphere. Under Wakefield’s model, the colony would attract capitalists who would then have a ready supply of labour—migrant labourers who could not initially afford to be property owners, but who would have the expectation of one day buying land with their savings.
New Zealand Company ships
was built at Bombay in 1814, carried cargoes for the British East India Company, transported convicts to New South Wales and Van Diemen's Land, and immigrants to New Zealand. She foundered in 1854 with the loss of some 400 lives.