Ludlam previously told Computerworld Australia he suspects if the Coalition wins the September election it will forge ahead with data retention legislation.
The committee's report comes on the back of controversy around the PRISM national security surveillance program run by the National Security Agency (NSA) in the United States.
Under this program, the NSA allegedly sources data from a number of major tech firms for surveillance, including Apple, Facebook, Google and Microsoft.
So far the Australian government has refused to confirm or deny whether US intelligence agencies have shared information gleaned from PRISM with authorities in Australia.
The US has now formally charged Edward Snowden, who leaked information about the program to the media, with espionage.
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