Police are investigating a burglary from an ATM at a financial institution on Macquarie Street in George Town this morning.

Around 4.55am police received a report of an alarm activation at the location.

Police allege two people attempted to gain entry to an ATM. Although no money was stolen significant damage was caused to the machine.

Anyone with information in relation to the incident is asked to contact police on 131 444 or Crime Stoppers at crimestopperstas.com.au or on 1800 333 000. Information can be provided anonymously.