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I am in Australia.I want to obtain a Domain name for a website. Do I have to have a business?

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I read somewhere that I can apply for a domain name for my website only if I have a business. I simply want to pay for a domain name for a simple website.I want to host that website with my own server. I was told that I can apply for a “fixed IP address” instead of a domain name. But I really want to have a domain name. So…do I really have to have a registered business?Also, is there a reputable Australian company that I should apply my domain name from? Thanks you for any answers.

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