Bracket Fungi
Habitat and Substrate: Grows on dead logs and living trees. Usually associated with Nothofagus cunninghamii (myrtle beech) but has also been seen growing on snow gums up in montane areas.
Description: Annual bracket, which gorws and dies each year. Super bright red fading through orange as it ages. Can be up to 12cm wide and is soft and spongy. Very unmistakable and a gorgeous sight to behold. Where I saw these there were groups like this on about 3 or 4 ends of logs in a beautiful old growth forest. Stunning.