March 30 (Reuters) - Australian shares are set to open higher on Tuesday, as firmer oil and iron ore prices are likely to boost the index's heavyweight resource stocks.
The local share price index futures YAPcm1 rose 0.7%, a 44-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark closed 0.4% lower on Monday.
New Zealand's benchmark S&P/NZX 50 index .NZ50 rose 0.4% to 12,415.05 points in early trade.