Walters said the Australian government will start the review process of the Act this month and it will be completed by the end of this year. India will bring in a similar act to regulate the agents soon, he said.

He said the flow of Indian students to Australia has increased manifold in the recent years. Similarly, the satisfaction rate is very high.

The contribution of international students to the Australian economy was pegged at 15 billion Australian dollars in 2008.

Paul Evans, Assistant Commissioner of Victoria Police, said that majority of attacks on Indian students reflected the "opportunistic" attitude, including intention of robbery. But some of them were racists in nature, he added.

The working group will primarily focus on implementing measures to effectively regulate education agents in both countries.