In 1954 Australian National Airways pilot Captain D. Barker reported seeing a UFO at 10.15 a.m. on January 1st, not far from Melbourne. He described a semi-transparent object with a top shaped roughly like a dish, about 2000 ft. above the Yarra Valley, in the direction of Templestowe. He said it looked about four times the size of a DC4. "It was travelling at high speed," he said, "and seemed to be oscillating in and out of clouds." He reported it to the Civil Aviation officer at Essendon before ringing the Herald newspaper.
He later described it to an Argus reporter as a semi - transparent object shaped like "a mush-room with stalk. The object, which was flying well below the safety level in that area, was travelling faster than any jet I have seen. It appeared to have something trailing beneath it like a thick stalk, which could have been a small observation car. When I reported it to Flight Control they said I should take more water with it, and told me a Convair was in the air in that position at 10.15 a.m. My flying mushroom was nothing like a Convair in appearance. I have been flying since 1937 for A.N.A., and served for three years with the R.A.A.F., so there is no question of confusion."
The recently released video from the USAF looks just like a flying mushroom!