
The financial colonisation of Aotearoa
Mar 25, 2025
Catherine Comyn, a PhD candidate at King's College London and author of The Financial Colonisation of Aotearoa, explores the pivotal role of finance in the colonisation of Aotearoa. She reveals how British credit and speculative ventures drove land dispossession from Māori. Comyn discusses the New Zealand Company's dubious land transactions, the state's eventual financial bailouts, and the impact of policies like the Native Lands Acts and the Dog Tax on Māori resistance. Her work reframes the narrative of colonisation and highlights lessons for anti-colonial struggle today.
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Finance, Not Just The State, Drove Colonisation
- Finance drove colonisation in Aotearoa rather than merely facilitating it behind the scenes.
- Financial institutions and instruments actively propelled land appropriation, migration and settler governance.
Land Orders And The London Lottery
- The New Zealand Company sold 'land orders' in London before any land was secured, encouraging speculative investment.
- The company held a lottery in London to allocate future sections, treating colonisation like a gamble for absentee speculators.
Speculation Undermined Settlement Economies
- The company's model privileged absentee speculators over emigrant farmers, undermining settlement development.
- High absentee ownership left undeveloped plots, causing unemployment and stalled agricultural infrastructure.



