Officers were executing a search warrant at a home on Margaret Street in Burpengary East, Moreton Bay, just before 5.30pm when the incident occurred.
Detective Superintendent Ben Fadian said the man was shot after allegedly threatening officers.
“Upon attending this address, police have encountered a 29-year-old man,” Fadian said.
“This man has confronted police, as a result police discharged their firearms.”
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Immediate first aid and CPR were provided but the man was declared deceased at the scene.
A crime scene has been declared at the address and police investigations are continuing.
This matter is under investigation by Ethical Standards Command on behalf of the State Coroner.
The investigation will be subject to oversight by the Crime and Corruption Commission.
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