Fowler continued the great form that has seen him leading the European Senior Tour money list while Legends Tour rookie Price showed he was more than up to the challenge as well.
The pair fired 2-under rounds of 70 to be two strokes clear of Rodger Davis, who was sitting alone in third place on even.
Ninety PGA professionals are contesting the national championship at the picturesque Killara course on Sydney’s north shore with players from Australia, USA, New Zealand and Fiji.
After his stellar year in Europe, Fowler is eyeing a spot on the lucrative US Champions Tour.
He is using this week in Sydney and next week at the ISPS Handa Australian Senior Open in Perth to help fine tune his game for his American assault.
“I’m staying with my [golfing] mentor Ian Alexander who just lives at the bottom of the course, I haven’t seen him for about 5 months, so it is a good chance to work on my game and see if I can sharpen it up a bit.” Fowler said after his round today.
After Perth it will be off to the Champions Tour Qualifying School, a path trod so successfully by Peter Senior a couple of years back.
“I’ll have to take my A game that week,” Fowler said. “This week and next week is all about getting my game in shape and then take it over there and see if I can do alright.”
“It would be a great opportunity if I could but it is not going to be easy. You have just got to have your good week at the right time because there is only five spots and a few hundred people that want it.”
Fowler would be delighted to join Senior and have two Australians regularly on the tour.
“That would be nice yeah,” he said.
Fowler said while he will unfortunately miss the Australian Open, he will be returning for the Australian PGA Championship at Coolum, which is “a favourite event.”
Others taking part in the championship this week include Wayne Grady, Ossie Moore, Michael Clayton, Terry Gale, Noel Ratcliffe and defending champion Lyndsay Stephen.
The event is over 54 holes with the final round on Saturday. Spectators are welcome with entry to the course free.
Update: First Round Final Standings
Victorian David Hill holds the overnight lead after the completion of the first round of the Fiducian PGA Legends Championship at Killara Golf Club.
Hill started the tournament teeing off the back nine and quickly found himself at the top of the leader board rolling off four straight birdies on a stretch from 14 through 17. Through twelve holes Hill reached six-under par before dropping shots at holes five, seven and eight to close with a round of 68 (-4).
In outright second position is New Zealander Peter Hayes at three under par while Terry Price, Peter Fowler and Krishna Singh are all well in contention opening with a two under par round of 70.
Reigning Champion Lyndsay Stephen started his defence with a round of three-over par 75 which leaves him tied 21st and seven shots behind Hill. Other notable scores include Greg Hohnen (75), Wayne Smith (73), Noel Ratcliffe (73) and Wayne Grady (78).