Driver Fatally Stabbed At Belmont South

UPDATE: 

A man has been charged with murder following an alleged fatal stabbing at Belmont yesterday.

The 32-year-old was arrested at a home on Marriot Street, Belmont, just before 2pm.

He's since been refused bail and will appear at Newcastle Local Court today.

EARLIER: 

A driver has suffered a fatal stab wound following an accident in Belmont South.

It's alleged a Holden Commodore and 4WD utility collided on the Pacific Highway near the Beach Street intersection at around 1:30pm this afternoon.

Police allege a 50-year-old man was found at the scene with stab wounds to the neck who later died in the John Hunter Hospital.

 A 32-year-old found at the scene has been taken into custody. It's alleged the pair are known to one another. 

The Homicide Squad and Lake Macquarie police are investigating.