Seoul military is reporting North Korea is preparing to launch a ballistic missile, possibly an ICBM.
Known as an intercontinental ballistic missile, an ICBM is a guided ballistic missile popular with North Korean leader Kim Jong-un, Nine News reports.
Australian Prime Minister Malcolm Turnbull fears the Korean peninsula could be edging towards war.
"Much is at stake. The conduct of this regime, the reckless and illegal conduct of this regime, cannot be rewarded," Mr Turnbull told parliament this afternoon.
"We stand in solidarity with the people of Japan, the people of South Korea in standing up to this rogue regime."
More details to come.