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Conchomyces bursiformis
Broadly convex soft white caps attached to wood by a very short eccentric stipe. Caps were a pale creamy white and smooth with slightly translucent margins. Gills were bright white, close and radiating from point of attachment out to the margins.
Spotted on a dead tree branch in a damp Eucalyptus forest.
Thanks to Mark Ridgway for the correct ID. Was incorrectly named as Crepidotus sp.