May 2 (Reuters) - Australian shares are expected to open firm on Tuesday, tracking gains in Wall Street, while investors await a key central bank policy meeting.
In its monthly policy meeting later in the day, the Reserve Bank of Australia is seen holding its cash rate at a record low of 1.5 percent, according to a Reuters poll of economists. local share price index futures YAPcm1 rose 0.15 percent, or 9 points, to 5945, an 11.5-point discount to the underlying S&P/ASX 200 index .AXJO close.
The benchmark finished 0.6 percent higher in the previous session.
New Zealand's benchmark S&P/NZX 50 index .NZ50 was flat at 2231 GMT.
For a summary of overnight action across global markets, click on AU/CALL
For a digest of the day's business stories in Australian newspapers, click on PRESS/AUB