Australian shares on Friday are likely to track extended gains in US equities, although cautious trade may take precedence ahead of the Australian federal election on Saturday.
The local share price index futures rose 0.7pc or 47 points to 6,392.0, a 64.2-point premium to the underlying S&P/ASX 200 index close.
The benchmark rose 0.7pc on Thursday.
New Zealand's benchmark S&P/NZX 50 index was largely flat in early trade.
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