From the Oct. 28, 2011, Stuff.co.nz
The Australian Navy has examined images of a newly found shipwreck and believe it to be that of a Japanese submarine sunk during World WarII and not Australia's first submarine, the AE-1. The Australia Daily Telegraph had earlier speculated that it might be the World War I Australian 600 ton submarine.
It sank with the loss of all 35 crew on September 14 or 15, 1914, Australia's first naval loss in World War I. The new find is near the last AE-1 sighting at Mioko Harbor, about 20 kilometers away near Duke of York Island.
An Australia naval court of inquiry at the time ruled that it sank during a dive and hit a reef.
The AE-1 was the very first Australian submarine. At the time of its loss, it was part of a Royal Australian Navy expedition heading for an attack on German New Gunea..
Still Not Found. --Cooter
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