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RBA Glossary definition for deregulation

deregulation – The progressive removal of controls on entry and operations, intended to enhance competition, and raise the productivity of the major entities in the industry concerned.

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Transmission of External Shocks in the RBII Model

1 Nov 1987 RDP 8710
Malcolm L. Edey, Elaine J. Kerrison and Gordon D. Menzies
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1987/8710.html

Introduction

1 Nov 1987 RDP 8710
Malcolm L. Edey, Elaine J. Kerrison and Gordon D. Menzies
The latter version of the model was estimated using a data period ending at 1980; the structure of the model was thus designed specifically for the pre-deregulation environment. ... of the model in order to illustrate the possible impact of financial
https://www.rba.gov.au/publications/rdp/1987/8710/introduction.html

Conclusions

1 Nov 1987 RDP 8710
Malcolm L. Edey, Elaine J. Kerrison and Gordon D. Menzies
As more data accumulates for the post-deregulation environment, we would expect to be able to learn more about the currently unknown parameters through further empirical work.
https://www.rba.gov.au/publications/rdp/1987/8710/conclusions.html

Structural Adjustments

1 Nov 1987 RDP 8710
Malcolm L. Edey, Elaine J. Kerrison and Gordon D. Menzies
However, equations for the real sector, which presumably is least affected by deregulation, remain substantially unchanged from those given in Fahrer and Rankin (1984).
https://www.rba.gov.au/publications/rdp/1987/8710/structural-adjustments.html