International higher education in many developed countries and more particularly in the United States and Australia has become a great source of revenue for their economies from students of the developing and underdeveloped countries (Least Development Countries). Money together with the mobility of international students from Least Development Countries to the developed world have created social inequality with no sustainable method for successful and sustainable internationalisation policies and agendas. This situation of inequality is created by a viciously interdependent circle formed by the erosion of monetary, human and linguistic capital. Calamities beyond human control including COVID-19 amplify social inequality due to the aforementioned erosion of capital. This article compares the international higher education scenes in the USA and Australia which have strong educational collaborations with a developing country like India. The piece uses extant literature in partnership with the technique of discourse analysis to provide a critical analysis of the politics of the existing internationalisation policies in international higher education and provides suggestions to deliver better internationalisation policies.