Police shot and killed a man early on Tuesday, after he allegedly stabbed another man in the neck and threatened a woman with a knife north of Brisbane.

Officers were called to the stabbing at the intersection of Beerburrum Road and Commercial Drive in Caboolture about 3.42am.

The alleged offender fled on foot, and was found by police a short time later threatening a woman he did not know on Margaret Street.

An officer shot the man, who died at the scene.

The man he allegedly stabbed was taken to the Royal Brisbane and Women’s Hospital in a serious condition.

An investigation has been launched by the Ethical Standards Command.

Get alerts on significant breaking news as happens. Sign up for our Breaking News Alert .

See Full Page