Sophisticated Investor in Australia

If you are looking to access wholesale investment opportunities in Australia, becoming a sophisticated investor can be a key step. Under Section 708 (s708) of the Corporations Act 2001 (Cth), certain investors can be treated as sophisticated, which can affect the type of offers and disclosures you receive.
This page explains what a sophisticated investor is in Australia, the common qualification pathways, and the evidence typically required, including the qualified accountant certificate that is widely used.

Qualify under Section 708 and unlock ASX IPOs, placements, and off-market deals. Every registered investor gets a dedicated Sydney stockbroker.

UNLOCK DEAL ACCESS

(Limited Intake)

  • ASIC Regulated
  • AFSL 406040
  • Peloton Capital, Sydney

What Sophisticated Investor Status Unlocks?

s708 offers are made without a prospectus and aren’t open to retail investors.

01

ASX IPO Access

Get in before the listing. View and participate in ASX IPOs reserved for wholesale investors.

ASX IPO access

02

ASX IPO Access

Access capital raisings and placements offered without a prospectus under s708.

ASX placements

03

Off-Market Opportunities

See private and pre-IPO deals that are never marketed to retail investors.

Off-market investments

Do You Qualify?

If you meet a threshold, a qualified accountant issues a certificate confirming it. We can point you to the requirements.

Assets Test

$2.5M
Net assets of at least 2.5 million dollars.

Income Test

$250K
Gross income of at least 250,000 dollars in each of the last two financial years.

Check My Eligibility

How to Become a Sophisticated Investor in 3 Steps

Most people qualify through the accountant certificate route. Here is what each step actually involves.

1. Confirm your status

Decide which test you meet and how you plan to invest.

  • Assets test or income test, you only need to meet one
  • Applying as an individual, or through a company or trust
  • Register and we point you to the right pathway

2. Get your accountant certificate

A qualified accountant confirms your threshold and signs the certificate.

  • They verify the assets test or the income test
  • The certificate must be dated within the last six months
  • Send any platform template to the accountant first

3. Get verified and invest

Clear the platform’s compliance checks, then access eligible deals.

  • Identity check (KYC) and proof of address
  • Source of funds check where relevant (AML)
  • Beneficial ownership details if investing via an entity

Avoid the common delays

Approval is fast when your documents are clean. Most hold-ups come from a certificate older than six months, a name mismatch between your certificate and ID, unclear or cropped scans, or applying as an entity without control and ownership documents.

Start Step One

What Is a Sophisticated Investor in Australia?

A sophisticated investor is a person or entity that meets set financial thresholds under the Corporations Act 2001, confirmed by a qualified accountant certificate. The status allows access to wholesale offers that do not require a prospectus or product disclosure statement.

The category comes from Section 708 of the Corporations Act. Meet the test, get certified, and issuers can offer you deals with reduced disclosure. That is the trade. You get access, and you take on more of the due diligence yourself. Moneysmart describes the status as an accountant certificate confirming a prescribed asset or income level.

The sophisticated investor test

You pass if a qualified accountant certifies net assets of at least 2.5 million dollars, or gross income of at least 250,000 dollars in each of the last two financial years. ASIC sets these figures under reg 6D.2.03 and reg 7.1.28. Under section 708(8), the certificate must be given no more than six months before an offer is made.

Threshold status

These thresholds have not changed since 2001. ASIC has proposed raising them to around 4.5 million dollars in assets and 450,000 dollars in income. These remain proposals; the current thresholds apply as at 2026.

Ways to Qualify Under s708

1) Accountant certificate

The standard route. A qualified accountant certificate confirms the assets test or income test. It is the evidence most issuers ask for.

Some offers treat you as sophisticated where the minimum amount payable is at least 500,000 dollars. The ATO sets out this route. It is offer specific.

A separate category for professional investors defined in section 9 of the Act, such as AFSL holders, banks, and large funds.

What You Will Need

For most individuals:

  • Qualified accountant certificate
  • Photo ID
  • Proof of address

If you invest through a company or trust:

  • Company extract or trust deed
  • Proof of directors, trustees, and beneficial owners
  • ID for controllers and beneficial owners

Keep your certificate current. Most platforms want one issued within the last six months.

Why Investors Choose 708 Deals

s708 offers are made without a prospectus and aren’t open to retail investors.

01

Backed by an AFSL holder

Powered by Peloton Capital, an Australian Financial Services Licensee (AFSL 406040), authorised by ASIC.

Register for Deal Access

02

We structure deals, not just list them

You see opportunities that are built and vetted, not scraped from a feed.

03

A dedicated Sydney stockbroker

Every registered investor gets a senior stockbroker by phone and email to walk through every opportunity.

Frequently Asked Questions

What is a sophisticated investor in Australia?

A sophisticated investor is a person or entity that meets set financial thresholds under the Corporations Act 2001 and holds a qualified accountant certificate confirming it. The status allows access to wholesale offers that do not require a prospectus or product disclosure statement.

You qualify by meeting one of two thresholds, then getting certified. You need net assets of at least 2.5 million dollars, or gross income of at least 250,000 dollars in each of the last two financial years. A qualified accountant issues a certificate confirming the test you meet.

It is the most common and usually the easiest route. Some offers accept other pathways, such as the 500,000 dollar minimum investment route, but most issuers prefer the certificate because it is clear and standard.

Under section 708(8), the certificate must be given no more than six months before an offer is made. Many platforms apply this six month window as a standard policy, so you may be asked for an updated certificate before a new deal.

Yes. Entities can qualify, but the evidence requirements differ. You may need to show control, beneficial ownership, and the entity’s financial position, alongside the accountant certificate and standard identity checks.

Ready to Access Wholesale Deals?

Confirm your status with a qualified accountant and register to view eligible opportunities.

Unlock Deal Access
GET YOUR DEDICATED BROKER

(Limited Intake)

  • ABN: 22 149 540 018
  • ACN: 149 540 018
  • AFSL No. 406040

Address:

Level 8, 2 Bligh street, Sydney NSW 2000 Australia

Phone:

+61 2 8651 7800

Email:

admin@pelotoncapital.com.au

Powered by Peloton Capital (AFSL 406040). We don’t just list deals, we structure them. Every registered investor gets a dedicated senior stockbroker based in Sydney who is available by phone and email to walk you through every opportunity.

Copyright © 2026 – Peloton Capital

AFSL Licence details

Licensee Name: Peloton Capital Pty Ltd
AFSL Number: 406040
ABN: 22 149 540 018
 
General Information
Peloton Capital Pty Ltd is an Australian Financial Services Licensee (AFSL) authorized by the Australian Securities and Investments Commission (ASIC) to provide financial services to both retail and wholesale clients.
 
Authorised Financial Services
Under AFSL 406040, Peloton Capital is authorised to provide financial product advice and deal in financial products, including:
  • Securities: Buying and selling shares and corporate bonds.
  • Derivatives: Trading in exchange-traded options and other derivative products.
  • Managed Investment Schemes: Advice and dealing in unit trusts and investment funds.
  • Deposit Products: Basic deposit products.
  • Underwriting: Underwriting of an issue of securities.
  • Standard Margin Lending: Providing credit facilities for investment purposes.
 
Important Disclosures
  • Financial Services Guide (FSG): For a detailed breakdown of our services, fees, and dispute resolution process, please download our Financial Services Guide (PDF).
  • Complaints: We are a member of the Australian Financial Complaints Authority (AFCA), member number 23871.
  • Verification: You may verify our current licence status directly on the ASIC Professional Register.

ASIC 708 Investor Confirmation Required

Important Legal Notice

Before you proceed, please read the following carefully:

This website and the investment opportunities referred to on it are provided in reliance on section 708 of the Corporations Act 2001 (Cth). The materials you are about to access do not constitute a prospectus, product disclosure statement or other disclosure document under Australian law and have not been lodged with the Australian Securities and Investments Commission (ASIC).

Access to this website and any invitations to participate in capital raisings, placements or other investment opportunities offered or introduced by Peloton Capital is strictly limited to persons to whom offers may lawfully be made without disclosure under Part 6D.2 of the Corporations Act 2001 (Cth).

By clicking “I Confirm”, you represent and warrant that you are one of the following:

  • A sophisticated investor within the meaning of section 708(8) or 708(10) of the Corporations Act;

  • A professional investor as defined in section 9 of the Corporations Act;

  • A person to whom an offer may otherwise lawfully be made without the need for a disclosure document under section 708;

  • Accessing this information for your own investment assessment and not for redistribution; and

  • Acknowledging that Peloton Capital will rely on your confirmation in accordance with Australian law.

You acknowledge that:

  • No disclosure document has been prepared for the offers on this site;

  • You will not receive the protections afforded by a prospectus or product disclosure statement;

  • Peloton Capital and its representatives are entitled to rely on this confirmation; and

  • The invitations are not available to retail investors unless the law permits otherwise.