Turning back the clock about 25 years to about 1990 and the Australian Army actually had plans to raise 3 divisions on mobilisation: one regular army and two reserve. But they were organisational divisions and not real divisions. The Australian Army was pretty much the same size then as it is now excluding the odd regiments or so. Today it is better armed, with a better airmobile and special forces capability.
Australian Army 1990
Regular
One divisional HQ
One mechanised brigade (one armoured battalion, one mechanised battalion, one para-infantry battalion)
One infantry brigade (two infantry battalions)
One infantry brigade (two infantry battalions)
One reconnaissance regiment
One APC regiment
One special forces regiment
Three artillery regiments (one medium, two light)
One air defence regiment
One engineer regiment
Two aviation regiments
Reserve
Two divisional HQ
Seven brigade HQ
Two reconnaissance regiments
One APC regiment
Two APC squadrons
Fifteen infantry battalions
One Commando battalion
Five artillery regiments (one medium, four light)
One artillery battery (light)
Four engineer regiments
Three regional surveillance units
New Zealand Army 1990
Regular
Two infantry battalions (one ranger company)
One light armoured squadron
One artillery battery (light)
One special forces squadron
Reserve
Six infantry battalions
Five artillery battery (one medium, four light)
Two armoured squadrons (one APC, one light reconnaissance)
So organisationally we have roughly four ANZAC divisions, but three will be basically light infantry and nothing really more. Could Australia's allies supply some heavy weapons and vehicles to pad this force out? Yes in small quantities, but only from the US as with the war raging in Europe and the Middle East the UK and Germany etc will be in no shape to supply Australia. Between 1996 and the nuclear war from the end of 1997 the US could supply equipment if Australia is willing to pay for it in dollars. A couple of light artillery battalions, APC's and a battalion worth of tanks plus infantry support weapons. But that would be it. So maybe we could see an ANZAC Corps organised into four divisions, but in reality just a bunch of brigades spread across Australia and New Zealand. Maybe it would include a mechanised brigade size expeditionary force for Korea or the Middle East, and another light infantry brigade for New Guinea and the Pacific etc. But ten fully armed divisions? Nope
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