Found this near the front gate yesterday arvo:
http://i40.tinypic.com/1045gcp.jpg

And yes - it certainly does stink

I've done a bit of searching in a bid to identify it, turns out to be
a fungi.

Thing is, there seems to be similar looking fungi in a variety of
genus from what I've read. Is it Aseroe rubra, pseudocolus sp, or
something else? Most likely the former, I think.
I'm located in N.E Tas.
Cheers.