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RBA Glossary definition for Clearing

Clearing – The process of transmitting, reconciling and in some cases confirming payment instructions prior to settlement; it may include netting of instructions and the calculation of final positions for settlement.

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The Model

1 Jun 2015 RDP 2015-07
Daniel Rees, Penelope Smith and Jamie Hall
Goods market clearing requires that. The first equation says that all non-resource tradeable goods that the economy produces must be sold at home or abroad. ... The final equation is the market clearing condition for the domestic final good.
https://www.rba.gov.au/publications/rdp/2015/2015-07/model.html

Appendix A: The Log-linearised Model

1 Jun 2015 RDP 2015-07
Daniel Rees, Penelope Smith and Jamie Hall
for j {n,m,f}. Market clearing in the domestic non-resource tradeable sector requires that:. ... Market clearing for the resources sector requires that:.
https://www.rba.gov.au/publications/rdp/2015/2015-07/appendix-a.html