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Produced and published by the School of Historical & Philosophical Studies, The University of Melbourne
Published July 2008
Published July 2008
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One of the main pastoral houses in Melbourne, Dalgety & Co. was founded by F.G. Dalgety (1817-94), who arrived in 1842 as branch manager of a Sydney merchant house. Its mercantile side imported goods, while its broking side consigned wool grown by squatters to the London market. By the end of the century it provided finance, transport, storage, insurance, technical advice and wool sales. F.G. Dalgety moved to London in 1854, and turned the partnership into a joint stock company in 1889. From its Australian headquarters in Bourke Street, Dalgety & Co. continued to grow over the next 60 years and merged with the New Zealand Loan and Mercantile Agency in 1962 to form the largest pastoral house in Australasia. After later mergers it was taken over by Wesfarmers in 1992.