Australian shares are set to open flat on Monday, as fears of a potential fallout from debt-laden China's Evergrande could offset a likely boost to miners from strong commodity prices.

The local share price index futures rose 0.027%, a 38.6-point discount to the underlying S&P/ASX 200 index close. The benchmark fell 0.37% on Friday.

New Zealand's benchmark S&P/NZX 50 index fell 0.35% to 13,259.6 points in early trade.