A fisherman has had a lucky escape after being pinned underneath his boat when it capsized off Palm Beach.

The man was fishing with a friend when the boat flipped around 6.20am.

It’s understood he became stuck underneath before reportedly being rescued by a member of the public.

Paramedics attended the scene and assessed both fishermen who are aged in their 60s.

One of them was taken to Robina Hospital in a stable condition.

The other man did not require hospitalisation.

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