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Tubifera ferruginosa
A type of slime mold.
Bracken covered south facing hillside.
Not a true fungi, but a slime mold.
nice spotting - Australia and it's bright fungi colors...I guess you can't miss these to detect on a walk :)
hi lori tas, would you like to add this red beauty to the slime mold mission ( http://www.projectnoah.org/missions/8322... ), same as clive , i doubt it to be dictydiaethalium. it looks more likely as "red raspberry" slime mold- tubifera ferruginosa