When you start creating your Privacy Policy, the first set of questions will be used to determine what privacy laws apply to you, and thus what disclosures your Privacy Policy needs to contain. The question of "do you have annual gross revenue of AUD $3,000,000 or more" will help determine whether the Australia Privacy Act 1988 applies to you. Please note that if you answer "yes" to this question, you will be asked additional questions to generate the disclosures required under this law.
Gross revenue is the income generated from normal business operations such as sales of goods or services. Gross revenue is the total income of your business prior to expenses such as salaries, rent, or software costs. You should select "yes" to this question if the annual gross revenue of your business is AUD $3,000,000 or more.