SYDNEY, July 7 (Reuters) - Australian shares are likely to extend their declines on Tuesday as investors fretted over persistent uncertainty on whether Greece will be able to strike a deal with creditors and avert an exit from the euro.
The local share price index futures YAPcm1 edged up slightly 0.3 percent to 5451, a 24-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark fell 1.1 percent for its second day of losses on Monday.
France and Germany told Greece on Monday to come up with serious proposals in order to restart financial aid talks, a day after Greeks voted overwhelmingly to reject more austerity. ID:nL8N0ZM0JD
New Zealand's benchmark NZX 50 index .NZ50 edged up slightly 0.07 percent to 5,780.690 in early trade.
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For a digest of the day's business stories in Australian newspapers, double click on PRESS/AUB