A person has died after a car and minibus collided south of Taupo this afternoon.

Senior Sergeant Denton Grimes said the accident happened on State Highway One at Halletts Bay, South of Taupo, at about 4pm.

"The driver of one of the vehicles has died at the scene and two other persons have been transported to Taupo Hospital with moderate injuries."

Mr Grimes said the Police Serious Crash Unit are at the scene and diversions are in place.