Sports Minister Richard Colbeck will join counterparts from the United Kingdom, the United States, Canada and Europe to discuss further measures to isolate Russia.
Senator Colbeck welcomed the push from the UK government, saying he agreed with the objectives put forward.
"Athletes and teams representing Russia or Belarus are not welcome in Australia," the minister said.
"In addition to what has been put forward, I will also be seeking agreement from other ministers that neither Russia or Belarus should be permitted to bid for future international sport events."
Australia also joined another international push to hold Russia accountable for its invasion of Ukraine, joining with 38 other nations to refer possible war crimes to the International Criminal Court.
Belarus, a close ally of Russia, aided the invasion.
The court's prosecutor launched an investigation after Australia was joined by the UK, US, New Zealand, Canada and European partners in what constitutes the largest referral in the history of the United Nation's top criminal court.
On February 28, International Criminal Court prosecutor Karim Khan said his office had already found a "reasonable basis" that war crimes had been committed during Russia's invasion of Ukraine .
Amnesty International suspects at least 10 potential war crimes, saying it has verified sites where indiscriminate attacks have killed or wounded civilians including children.
The sites include an explosion and cluster munitions at two kindergartens, missile strikes on a hospital and residential blocks, and the destruction of civilian homes and vehicles.
Deputy Prime Minister Barnaby Joyce says Russia should learn from history, with the Ukrainian people prepared to fight for their land.
"When (Russia) went into Afghanistan they thought that'd be very quick - 10 years later they retreated from Afghanistan; it was a complete military, economic and social disaster for them," Mr Joyce told Sky News.
"I don't think for one second that people who love their land, just like we love Australia, are going to desert it. No matter what happens, this fight will go on into another form, into a guerrilla form."
The deputy prime minister said Russian troops would continue to die in Ukraine for as long as they continue to occupy the country.
"Russian parents will be sending their children to another country that they don't want to be in, and the country there doesn't want them there, and they will die," Mr Joyce said.
"This'll go on for as long as the Russians intend to stay in the part of the world the Ukrainians call their home."
Labor's foreign affairs spokeswoman Penny Wong said the immediate priority of the international community needed to be focused on using every available avenue to ensure Russia halts its invasion and withdraws.
"Our immediate priority must be to continue to put the pressure on Russia and obviously also provide haven for those who are fleeing this violence," she said.
Home Affairs Minister Karen Andrews said the exact number of people to be accepted from Ukraine on refugee visas was not yet decided.
Ms Andrews said Australia was providing humanitarian assistance to people fleeing Ukraine, but she expected the majority of people who evacuated to neighbouring countries would seek to return to Ukraine as soon as possible.
It comes as Kherson in Ukraine's south became the first major city to fall under Russian control.
Australia joined 141 other nations in opposing Russian aggression in Ukraine during an emergency session of the UN General Assembly.
Five nations, including Russia, North Korea and Syria, voted against the condemnation. A further 35 members, among them India and China, abstained from the vote.
An RAAF aircraft carrying critical military equipment and medical supplies is on its way to Europe.
Australia pledged $70 million in lethal and non-lethal military aid, including missiles and ammunition, to Ukraine following the Russian invasion.
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