A woman has been charged after allegedly slashing another woman during an argument in Rockhampton on Saturday morning.

Police said just after midnight a 29-year-old Kawana woman was arguing with another woman at a Kent Street residence.

It will be alleged the argument then escalated and the Kawana woman allegedly cut the other woman's arm and neck.

A man at the address then intervened and the alleged attacker fled, but was arrested by police a short time later in a nearby street.

A 41-year-old woman received a deep laceration to the arm and a number of smaller lacerations to the neck.

She was treated at the scene and taken to Rockhampton Base Hospital for treatment to her injuries.

A 29-year-old Kawana woman was charged with wounding and is due to appear in the Rockhampton Magistrates Court on Monday.