Marcus Fraser of Australia shot a second consecutive 3-under 69 to take a one-stroke lead after two rounds of the Australian Open on Friday.
Fraser had five birdies and two bogeys to move to 6-under 138 at The Lakes. Fellow Australians Brendan Jones (71) and first-round leader John Senden (73) were tied for second.
Englishman Justin Rose was in a group tied for fifth at 3-under after a 73, while Adam Scott shot 71 and was five strokes behind Fraser.
Tom Watson shot a 68 Friday after his first-round 78 and made the cut with one stroke to spare. He was joined by playing partner and defending champion Greg Chalmers, who shot 75 Friday.
''I hate missing cuts, I really do,'' said Watson. ''That means you've failed.''
Chalmers said he would be hard-pressed to win his third national Open after failing to capitalize on good scoring conditions in the morning.
''Three par-5s on the back nine and I bogeyed two of them. That's not going to w...