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RBA Glossary definition for MMC

MMC – Money Market Corporation

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Appendix 1: Summary of Deregulation in Banking and in Deposit and Loan Markets

1 Sep 1995 RDP 9506
Gordon de Brouwer
March 1985. introduction of money market certificates (MMC), Y50m minimum deposit requirement and period of 1 to 6 months. ... minimum deposit requirement and period on time deposits abolished; small MMCs merged into time deposits.
https://www.rba.gov.au/publications/rdp/1995/9506/appendix-1.html

Appendix D: Calculation of the own rate on M3 and BM

1 May 1987 RDP 8703
Adrian Blundell-Wignall and Susan Thorp
MMC is net borrowings of money market corporations. CMT is net borrowings of cash management trusts.
https://www.rba.gov.au/publications/rdp/1987/8703/appendix-d.html

The Evolution of Financial Deregulation | Conference – 1991

21 Jun 1991 Conferences
Stephen Grenville
The mix of advantages and disadvantages that the banks faced had been changed during the 1970s, as competition from building societies (in the market for household funds) and MMCs (for “professional”
https://www.rba.gov.au/publications/confs/1991/grenville.html