Question: The Division of Angas was named for the founder of which colony on the continent of Australia? 

Context paragraphs:
Immigration history of Australia: The immigration history of Australia began with the initial human migration to the continent around 50,000 years ago when the ancestors of Australian Aborigines arrived on the continent via the islands of Maritime Southeast Asia and New Guinea.  From the early 17th century onwards, the continent experienced the first coastal landings and exploration by European explorers.  Permanent European settlement began in 1788 with the establishment of a British penal colony in New South Wales.  From early federation in 1901, Australia maintained the White Australia Policy, which was abolished after World War II, heralding the modern era of multiculturalism in Australia.  From the late 1970s there was a significant increase in immigration from Asian and other non-European countries.

George Fife Angas: George Fife Angas (1 May 1789 – 15 May 1879) was an English businessman and banker who, from England, played a significant part in the formation and establishment of the Colony of South Australia.  He established the South Australian Company and was its founding chairman of the board of directors.  In later life he migrated to the colony and served as a member of the first South Australian Legislative Council.

Charles Flaxman: Charles Flaxman (25 December 1806 – November 1869) was employed by George Angas as his chief clerk.  Flaxman received a loan from Angas to invest in land in South Australia.  He travelled to Australia aboard the "Prince George" in 1838.  He took up land in Tanunda, and Flaxman Valley in the area is named after him.  His death was reported on 9 November 1869.

South Australian Company: The South Australian Company was formed in London on 9 October 1835 by George Fife Angas and other wealthy British merchants to develop a new settlement in South Australia; its purpose was to build a new colony.  The South Australian Company ended business in its own right on 17 March 1949 when it was liquidated Elders Trustee & Executor Company Ltd, which had been managing its Australian affairs since the death of the last Colonial Manager, Arthur Muller in 1936.

Division of Angas (1903–34): The Division of Angas was an Australian Electoral Division in South Australia.  The division was created in 1903 and abolished in 1934.  It was named for George Fife Angas, a South Australian pioneer, and was based in various rural areas to the east, south-east, north-east and north-west of Adelaide at different times including Angaston, Cadell, Eudunda, Gawler, Kapunda, Nuriootpa, Mallala, Murray Bridge, Tanunda and Walker Flat and from 1922 stretched further eastward as far as the South Australian border.  It was a generally marginal seat which was won at various times by the Australian Labor Party and the Nationalist Party (and their predecessors).

Barker Inlet: The Barker Inlet is a tidal inlet of the Gulf St Vincent in Adelaide, South Australia, named after Captain Collet Barker who first sighted it in 1831.  It contains one of the southernmost mangrove forests in the world, a dolphin sanctuary, seagrass meadows and is an important fish and shellfish breeding ground.  The inlet separates Torrens Island and Garden Island from the mainland to the East and is characterized by a network of tidal creeks, artificially deepened channels, and wide mudflats.  The extensive belt of mangroves are bordered by samphire saltmarsh flats and low-lying sand dunes, there are two boardwalks (at Garden Island and St Kilda), and ships graveyards in Broad Creek, Angas Inlet and the North Arm.

New Holland (Australia): New Holland, also known as Nieuw Holland (in Dutch) or Nova Hollandia (in Latin), is a historical European name for mainland Australia.  The name was first applied to Australia in 1644 by the Dutch seafarer Abel Tasman.  The name came to be applied to the whole "Southern land" or "Terra Australis", though the coastline of the continent had still not been fully explored; but after the British settlement in Sydney in 1788 the territory to the east of the continent claimed by Britain was named "New South Wales", leaving the western part as New Holland.  New Holland continued to be used semi-officially and in popular usage as the name for the whole continent until at least the mid-1850s.

Division of Angas: The Division of Angas refers to two former electoral divisions for the Australian House of Representatives, both based in rural South Australia:

Electoral district of Barossa: Barossa was an electoral district of the House of Assembly in the colony (Australian state from 1901) of South Australia from 1857 to 1938 and again from 1956 to 1970.  Barossa was also the name of an electoral district of the unicameral South Australian Legislative Council from 1851 until its abolition in 1857, George Fife Angas being the member.

Division of Angas (1949–77): The Division of Angas was an Australian Electoral Division in South Australia.  The division was created in 1949 and abolished in 1977.  It was named for George Fife Angas, a South Australian pioneer.

Supporting paragraphs: Division of Angas (1903–34) George Fife Angas
Answer: the Colony of South Australia