Concessions for the State/Territory Sponsored Business Owner visa (subclass 892)
The following concessions are available for holders of the Skilled – Independent Regional (Provisional) visa (subclass 495) who have lived for at least two (2) years, and worked full-time for at least one (1) year, in regional Australia or a low population growth metropolitan area..
Reduced visa application charge
You pay a reduced visa application charge as you have already paid one migration visa application charge.
See: Form 990i Charges (Fees) (95KB PDF file)
English language
You do not need to have your English language ability re-assessed
This is because you have already been assessed as having at least a 'vocational' standard of English language ability.
You should read all of the information about this visa before you apply.
See: State/Territory Sponsored Business Owner visa (subclass 892)