Apparently the egg mass of a planthopper of the family Eurybrachidae. See https://www.brisbaneinsects.com/brisbane_planthoppers/EurybrachyidBiology.htm where Peter Chew explains. The common eurybrachids in the ACT region belong to genus Platybrachys.
I still have difficulty in distinguishing the egg masses produced by the gall-inducing scale Lachnodius from those of the planthopper Platybrachys (that I have not seen).
There was a big outbreak of Lachnodius on eucs in North Canberra recently resulting in the deposition of large numbers of egg masses on the trunks of affected gumtrees..
I may be on the wrong track, but my interpretation is that the elongate, parallel-sided (waxy?) tracks are the work of an eriococcid (Lachnodius?); CNM #4360139 shows female scale insects together with such tracks. The current sighting #4175963 is different, showing oval-shaped central domes (egg masses?) with what appears to be a waxy substance coating both the domes and a perimeter of the bark surface. I also have not seen the creature associated with the domes, and can only refer people to Peter Chew's observations at https://www.brisbaneinsects.com/brisbane_planthoppers/EurybrachyidBiology.htm
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