The companies say the new combined entity would have a greater capacity for national and international expansion. Delfin has 16 projects with around 35,000 allotments secured for development over the next 10 to 15 years. The merger will be by a Scheme of Arrangement, with the offer documents to be sent out to Delfin shareholders in June.
Asthma medications face tests.
The election campaign is coming as Australian retailers brace themselves for massive impacts from last month's terror attack in New York. The Anglican Church in Melbourne has attacked Australia's treatment of asylum seekers, with some members of the clergy calling for a royal commission.