Rescuers among three dead after yacht sinks off Australian coast

Three people have died, including two volunteer rescuers, after a yacht sank and a rescue boat rolled in choppy conditions off Australia's New South Wales (NSW) coast.

Emergency services were called at 18:15 local time on Monday after a member of the public reported a yacht in trouble off the break wall in South Ballina, a popular coastal destination close to the NSW and Queensland border.

A Marine Rescue NSW crew of six rushed to the scene but their boat capsized in rough conditions as it crossed the Ballina Bar, police said. Two rescuers, aged 78 and 62, died.

Four rescuers made it to shore with minor injuries and a search was called off early on Tuesday after everyone was accounted for.

The body of a third man, aged in his mid-50s, was found on the sand nearby and is yet to be formally identified. He was not wearing a life jacket at the time, police said.

"It has been a terrible night for Marine Rescue NSW and our focus right now is supporting the families of those affected and our volunteers," a spokesperson for the volunteer organisation said on Tuesday.

Marine Rescue NSW Commissioner Todd Andrews said the death of two rescuers was a solemn reminder of the risks faced by volunteers.

"These two men were serving their local community and have made the ultimate sacrifice to help others," he said on Tuesday.

Superintendent Joe McNulty from the NSW Police Marine Area Command said the conditions on Monday evening had been "treacherous", according to the Australian Broadcasting Corporation (ABC).

"We need to remember and reflect on the heroic actions of this crew overnight," McNulty said, as he paid tribute to the Ballina marine rescue unit that attended the scene.

"These people do a fantastic job, volunteers in the community and putting their life at risk to go and save another vessel that was stricken and in danger."

The yacht - which hit the break wall and broke apart - has since sunk, police said.

McNulty said divers may return to the scene on Thursday to recover evidence as police investigate how the yacht came to be so close to the break wall.

A rescue helicopter retrieved the body of the 78-year-old volunteer rescuer while the body of the 62-year-old rescuer was found on the sand, police said.

The four other crew on the rescue boat - aged 55, 75 and two aged 61 - were treated for various injuries and taken to hospital for further treatment.

A local resident in Ballina told Nine's Today programme the tragedy would be felt across the close-knit town.

"It affects the community when something like that happens, especially when a rescuer is lost and those people risk their lives to go and help other people in difficulty," Margie Fitzgerald said.