You may be eligible for permanent migration with this visa if you are a holder of the provision Business and Innovation (188) Visa in Australia, and have met the requirements prescribed.
The subclass 188 Visa is for people who have a successful business or investment career, and have a genuine and realistic commitment to be involved in investing or business in Australia.
The Business Talent Visa Permanent (132) visa is designed for high calibre business people who are owners or part owners of an overseas business and have a genuine and realistic commitment to participate in the management of a new or existing business in Australia.