MANILA -- Police said an Australian national has been arrested for allegedly killing another Australian man and a Filipino woman in a city northwest of Manila.

Michael McLaren was identified by police as the gunman behind the shooting of Anthony George Wilson and Mila Bailey in Olongapo in Zambales province. He was arrested Friday, October 18, about three hours after the attack.

CCTV footage shows Bailey's Australian husband, Wayne Bailey, exiting the car from the driver's seat, before collapsing nearby. He was rushed to a hospital and is currently recovering from a gunshot wound also allegedly inflicted by McLaren, police said.

Another man seen in the footage is also seen rushing to exit the vehicle, carrying a bag.

"The reason we're saying that we possibly identified the suspect is that he's the only one who ran away carrying a bag, a laptop bag in violet color. We believe (it is him) because we have recovered that particular violet bag," said Benjamin Sembrano, Olongapo's police city director.

Police said they were looking into a property selling dispute as a possible motive for the crime. (AP)