Nine News is reporting that the death toll has risen to two following an 'incident' on a ride at Dreamworld on the Gold Coast.

There are mixed reports on which ride the incident has taken place on, with early reports indicating the Buzzsaw ride.

However, it is now being reported it was a water ride named  Thunder River Rapids Ride.

More as we get it.

DREAMWORLD UPDATE: Multiple people believed to be deceased. @michaelbesty #9News https://t.co/bgHDYat6KN

— Nine News Brisbane (@9NewsBrisbane) October 25, 2016