On 25 May 2012, the Minister for Immigration and Citizenship, the Hon Chris Bowen MP announced changes to the Business Skills visa program - now named the Business Innovation and Investment program. These changes will be implemented from 1 July 2012.
http://www.immi.gov.au/skilled/business/business-skills-program-reforms-1jul12.htm
http://www.immi.gov.au/skilled/business/business-skills-program-reforms-1jul12.htm