If you’re applying for a subclass 188 visa (provisional) under the business innovation stream, you must provide proof of legitimate business ownership for last two (2) years with at least AUD $750,000 annual turnover in those years, as well a combined personal and business net value of at least AUD $1.25 million. If applying for a permanent business visa subclass 888 under the business innovation stream, provided you are a holder of a subclass 188 visa, you must have at least AUD $300,000 in annual business turnover. From the last two (2) years immediately before application, you must have had, and still have, an ownership interest in up to two main businesses.