This is a species that I have come across several times but have never been able to identify; there is a good chance that it is an undescribed species.

Basidiocarps: Upright, petaloid to lobed, often forming fan‑like or petal‑like blades. Individual lobes 10-35 mm tall, 2-20 mm wide, sometimes fused at the base. Upper surface textured, wrinkled or faintly ribbed. Underside smooth, lacking hymenial folds or pores. Gelatinous, soft when fresh; becomes rubbery and translucent when dry.
Colour: Bright orange to orange‑red when fresh. Colour uniform across the lobe, sometimes slightly paler at the base. Dries to dull orange‑amber.
Substrate: On rotting wood often deeply decayed, sometimes moss‑covered. Habitat strongly suggests a Myrtaceae‑associated saprotroph.