It may look like the insect version of a tiny dog...
But it's really a caterpillar, a Southern Tussock Moth Caterpillar.
With all those pinkish-grey tufts it looked very soft and touchable but I managed to restrain myself. Some caterpillars are poisonous and since when I first saw it, I wasn't sure what kind of caterpillar it was, I kept my distance. Good thing I did. As it turns out, touching the hairs of some species of Tussock Moth caterpillars can result in a mild but itchy sting.
Just like a cute little dog that will bite your finger if you try to pat him, it's sometimes best to admire caterpillars from afar.