The role of the Royal Australian Armoured Corps (RAAC) is to locate, identify, capture and destroy the enemy, by day or night, in combination with other arms, using fire and manoeuvre.

The RAAC is a combat arm that is able to participate in a range of operations including direct attack and reconnaissance.

Units of the RAAC are equipped with the Abrams M1A2 SEPv3 Main Battle Tank, the Australian Light Armoured Vehicle, the Boxer Combat Reconnaissance Vehicle and the Hawkei Protected Mobility Vehicle - Light.

The main Armoured Corps units are:

• The 2nd Cavalry Regiment operates the Abrams M1A2 SEPv3 Main Battle Tank and the Australian Light Armoured Family of Vehicles.
• The 2nd/14th Light Horse Regiment (Queensland Mounted Infantry) operates the Boxer Combat Reconnaissance Vehicle and the Australian Light Armoured Family of Vehicles.
• The 1st Armoured Regiment is the Army’s Combat Experimentation unit, focusing on delivering and integrating emerging technologies.
• The light Cavalry Regiments are Army Reserve units equipped with Hawkei Protected Mobility Vehicle - Light.

Although the RAAC has a common corps badge, each unit has its own badge, motto and individual traditions.