Are there any requirements for English in Australian immigration conditions?

Among the categories of Australian immigrants, skilled immigrants and employers' sponsored immigrants have higher requirements for English, but if they are investment immigrants, there is no specific requirement. Then Australia takes Australian entrepreneurial immigrants as an example. Applicants under the age of 55, with family assets of over A $800,000 and immigration scores of over 65 have no specific requirements in English and academic qualifications to meet the company's turnover requirements and shareholding requirements.