As Australia endeavors to sustain growth of its international education industry, there have been major concerns regarding the experience of international students. This review examines the international student experience in Australia, particularly issues surrounding study-work-life balance (SWLB), acculturation, health, and well-being. The current university initiatives of pastoral care services and peer mentoring are evaluated and noted to be underutilized by students. Consequently, an internationalized, university-wide peer-mentor-embedded classroom initiative is proposed. While attempting to overcome the main methodological issues identified, future research is invited to test whether such an initiative is effective in producing positive acculturation, SWLB, health and well-being outcomes for both international and local students.