A homogeneously broadened two-mode laser system with multiplicative coloured noise is investigated when the mode coupling constant ξ=2. An analytical result is obtained when two-dimensional decoupling theory is applied to the system. The intensity auto-correlation function and effective eigenvalue of the laser system are calculated when the difference of pump parameters, multiplicative noise strength and noise correlation time are varied. It is shown that the multiplicative noise can enhance the fluctuations while the noise colour can reduce the fluctuations in the laser system.