An 18-year-old man has been shot dead after stabbing two police officers in Melbourne.
BREAKING: Melbourne terror shooting, evidence to suggest dead man had been waving Islamic State flag
The shooting occurred at about 7:45pm, Tuesday.
According to the Australian Federal Police, it is understood a Victoria Police member and an AFP member, from the Joint Counter Terrorism Team, met an 18-year-old man at Endeavour Hills police station on Heatherton Road in relation to an ongoing investigation.
It is believed an altercation occurred about 7.45pm outside the police station, resulting in the stabbing of the two police members.
One of the officers discharged his firearm, fatally shooting the 18-year-old man.
The shot man had been invited to Endeavour Hills Police Station after allegedly waving an ISIL flag.
UPDATE 1300 AEST The Australian Federal Police joined Victoria's Police Commissioner in releasing details about the shooting.
BREAKING: AFP on reports of threat to Tony Abbott: "There were no specific threats made" http://t.co/lqbiuXJZbF
The 18-year-old was named as Abdul Numan Haider, who is accused of stabbing the officers after one of them tried to shake his hand outside the police station.
"When our police members have approached this young man, one's extended his hand to shake his hand and the response has been he's been stabbed in the arm," said Victoria's Police Commissioner Ken Lay.
It's alleged that Haider then turned to the second police officer and stabbed him in the arm, neck and head, before the first already wounded officer shot and killed him.
According to The Age's Crime Reporter John Silvester, Haider planned to behead the officers with the knife, drape their bodies with the ISIS flag and post images of the attack to social media websites.
Commissioner Lay says officers were alerted to Haider three months ago and agencies became more concerned after he attended a shopping centre last week with an ISIS flag.
"There's certainly information that he was present at the shopping centre in the last week or so with the flag that appeared to be an ISIS flag," said Commissioner Lay.
There were earlier reports that Haider had made threats against the Prime Minister Tony Abbott, however the Australian Federal Police roundly dismissed the claims.
"This is early stages of an investigation ... What I will say is and what I can be very confident on is there were no specific threats made," said Acting AFP Commissioner Andrew Colvin.
Prime Minister Abbott also issued a video message from Hawaii about the attack, while traveling to New York.
View this video on YouTube
UPDATE 0000AEST: Special late editions of Wednesday's newspapers claim that the shot man had made a direct threat to kill Australian PM Tony Abbott.
The Courier Mail's late edition claimed the man had been shot "after PM terror threat."
Police say they had "no choice" but to shoot.
Police say officers shook hands with the Narre Warren man, 18, before he lunged at them with the weapon. They had "no choice" but to shoot
The stabbed officers are members of a joint Australian Federal Police and Victoria Police counter-terrorism task force.
Man shot dead after stabbing police in #EndeavourHills was 18-year-old possible terror suspect who recently had passport cancelled
Police believe the man was acting alone.
It appears the man police shot dead in counter terrorism incident was a lone wolf #endeavourhills
After the shooting bomb squad officers conducted a search of the dead man's vehicle.
Victoria Police spokesman: "no evidence this man posed bomb threat, but we took a long hard look at vehicle he came in” #EndeavourHills
Police said they were forced to take action after the man drew a knife and began stabbing officers after a routine arrest.
Terror suspect shot dead by police at #EndeavourHills, Melbourne: “Our members had no choice but to take the actions they did”
Police spokesmen at midnight press conference say suspect stabbed police multiple times.
#EndeavourHills presser: both police from national anti-terror team. Suspect had 'edged weapon'; stabbed police 'multiple times' #Melbourne
The stabbed officers are in a stable condition in hospital.
Good news! Both members involved in the Endeavour Hills shooting are now in a stable condition.
AFP Media Release: Police Shooting in Endeavour Hills.
Police are currently at the scene of a police shooting in Endeavour Hills.
It is understood a Victoria Police member and an AFP member, from the Joint Counter Terrorism Team, met an 18-year-old man at Endeavour Hills police station on Heatherton Road in relation to an ongoing investigation.
It is believed an altercation has occurred about 7.45pm outside the police station, resulting in the stabbing of the two police members.
One of the officers has then discharged his firearm, fatally shooting the 18-year-old man.
Both police officers were taken to hospital and are in a stable condition.
Homicide Squad detectives are on scene and will investigate the incident on behalf of the Coroner.
UPDATE: Deceased man in Melbourne was among 50 Austs to have his passport cancelled recently. All facts point to a terror investigation.
The ABC claims the dead man was a terror suspect.
#BREAKING: The ABC understands the dead man was being investigated over terrorism.
And was known to police.
#BREAKING: Man shot to death in Melbourne recently had passport cancelled; was known to authorities as a “person of interest”.
Sky claimed the man was waving an ISIL flag.
UPDATE: Very serious situation at Endeavour Hills. understands the man who was shot was brandishing an ISIL flag. #auspol (@ljayes)
The injured police were counter-terrorism officers.
It's understood the two police officers stabbed in Melbourne were part of the joint counter terrorism team http://t.co/ue6ANfh6z7
The news broke on Tuesday evening.
#BREAKING Police say a person has been shot dead and two others have been stabbed in Endeavour Hills in Melbourne's east