Thanks Betty, stellulata is very exciting as we had not realised we had any. We assumed they were all snow gum ( obviously never looked closely) and only took the photo of this one while fencing, because it had the best buds and fruit. I will now have to get a Pauciflora image as well.
On looking more closely at the number of buds per cluster, and bark colour, I think it must be pauciflora. Stellulata was only a guess. Its buds are in clusters of 11+. Bark rough below, greenish and smooth above. It grows in frost hollows and cold flats. Pauciflora has buds in clusters of up to 11, and smooth bark throughout, with scribbles, usually white, sometimes grey or yellow. It grows in woodland, and is often dominant. I have not confirmed to subspecies level. You need to show/make a note of the shape of the common stalk of the flower cluster to rule out subsp. debeuzevillei. At that altitude, it cannot be subsp. nipophila, which grows in alpine areas, and has waxy buds.
Thanks Betty. The tree is on a creek flat and Stellulata does occur in this region, but the tree is completely smooth bark and mostly white. I will have a look at the flower cluster stalk and let you know. Toni