T.E.R:R.A.I.N - Taranaki Educational Resource: Research, Analysis and Information Network

Mycena roseoflava (Rosy mycena)

Kingdom: Fungi
Division: Basidiomycota
Class: Agaricomycetes
Order: Agaricales
Family: Mycenaceae
Genus: Mycena
Species: M. roseoflava
Binominal name: Mycena roseoflava
Synonyms: Insiticia roseoflava, Agaricus corticola sensu, Mycena corticola
Common name: Rosy mycena

Mycena roseoflava is a small (5-10 mm high) saprophytic fungus found during autumn in native forests growing on the side or upper surface of fallen branches, twigs and logs. It is common in New Zealand but rare in Australia where it is only found only in southern Victoria and Tasmania. 
The rose pink cap is 5-10 mm across. The decurrent gills and the relatively short stem are white to pale pink. Spores are white.

Thanks to Wikipedia for text and information: https://creativecommons.org/licenses/by-sa/3.0/