June 5 (Reuters) - Australia shares are expected to lose steam on Tuesday, with oil prices and iron-ore shedding about 2 percent each, presenting a threat to energy and material stocks.
The local share price index futures YAPcm1 fell 0.4 percent, a 22.5-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark climbed 0.6 percent on Monday.
New Zealand's benchmark S&P/NZX 50 index .NZ50 rose 0.7 percent in early trade.