April 15 (Reuters) - Australian shares are set to fall on Thursday with investors likely to take a cautious stance following mixed cues on Wall Street, with weak iron ore and gold prices expected to weigh on miners.
The local share price index futures YAPcm1 fell 0.54%, a 68.1-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark closed above 7,000 points on Wednesday for the first time since late February last year.
New Zealand's benchmark S&P/NZX 50 index .NZ50 was mostly flat in early trade.