Australian shares are set to open lower on Wednesday, after the domestic central bank took its first step towards tapering its massive stimulus program, and as a virus-led lockdown in Sydney is set to be extended by a further one week to July 16.
The local share price index futures were 0.15% lower, and at a 99.8-point discount to the underlying S&P/ASX 200 index close. The benchmark fell 0.7% on Tuesday.
New Zealand's benchmark S&P/NZX 50 index fell 0.21% in early trade.
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