There is a lot of hatred towards the Aussies here,
I know the relations have not been very good and their cricketers spoil the nations image even more, but looking at the long term, it would be wise to have the Aussies on our side. In the coming decades we are likely to have a tug of war with the Chinese over the Australasian region and Australia would be able to shift the power balance in favour of either side. If the Australians move to the Chinese camp it would be near impossible for India to have influence over that region.