SYDNEY, April 12 (Reuters) - Australian shares are set to open flat on Tuesday as a stronger iron ore price offsets pressure from a weak Wall Street, though the index continues to linger near a five-week low touched in the previous session.
The local share price index futures YAPcm1 was unchanged at 4,901, a 30.5-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark fell 0.12 percent in the previous session.
New Zealand's benchmark S&P/NZX 50 index .NZ50 fell 0.26 percent in early trade.
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