Networks are being used to model an increasingly diverse range of realworld phenomena. This paper introduces an exploratory approach to studying loanwords in relation to one another, using networks of co-occurrence. While traditional studies treat individual loanwords as discrete items, we show that insights can be gained by focusing on the various loanwords that co-occur within each text in a corpus, especially when leveraging the notion of a hypergraph. Our research involves a case-study of New Zealand English (NZE), which borrows Indigenous Māori words on a large scale. We use a topic-constrained corpus to show that: (i) Māori loanword types tend not to occur by themselves in a text; (ii) infrequent loanwords are nearly always accompanied by frequent loanwords; and (iii) it is not uncommon for texts to contain a mixture of listed and unlisted loanwords, suggesting that NZE is still riding a wave of borrowing importation from Māori.