The 32-year-old victim is recovering in Tamworth hospital after surgery for a "significant" stab wound to the abdomen.

Police allege he was attacked by a 26-year-old man in a domestic dispute at a home in Wattle Place in Inverell.

New England police and paramedics rushed to the home after a triple zero call about 11pm on Wednesday.

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"A male victim was found with a significant stab wound to the abdomen," New England Inspector James Parsons told the Leader.

"He was in a critical condition and flown to Tamworth hospital where he underwent emergency surgery.

"He is now listed in a stable condition."

Police arrested the 26-year-old at the scene and he was taken to Inverell Police Station for questioning.

He was subsequently charged with wounding with intent to cause grievous bodily harm - a charge that carries a maximum penalty of 25 years' imprisonment, if found guilty.

He was refused bail by police to appear in Inverell Local Court on Thursday.

Police said the home had been declared a crime scene and had been combed by forensic officers.

The pair are known to one another and the incident is being treated as domestic violence-related, officers said.

Investigations are continuing.

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