There is a monitoring period of two years after the 132 visa is granted. Yes, you can go overseas and oversee your offshore business interests but you must be managing your Australian business on a daily basis. This can be evidenced by your involvement in decision making either by video conferencing, emails or other contact with your onshore manager.
How long do I need to stay in the Australian state where my business is located to maintain my eligibility for the 132a visa?
Can I hire a local manager to help me with the operation of my business in Australia, while I only stay in Australia for a couple of months every year? I still need to spend time in my home country to supervise my business there.