I would like to identify this fungus found growing in eucalypt forest near Glenbrook, Nsw Australia. Even the genus would help. Unfortunately there is no picture of the underside. David Miller
An image search for magenta mushroom fungus (had to add fungus to get rid of the purses) turned up a very similar image of Cortinarius archeri - a species associated with eucalyptus. http://secure.environment.gov.au/biodiversity/abrs/publications/fungi/cortinarius-archeri.html
After much searching I came up with the same result, but I wasn't so sure about it. Thanks for the confirmation. All the pictures I saw confused me, that picture of the Cortinarius archeri is the first I've seen with the exact colours. Thank you David Miller