Australia’s laws on spying, sabotage and leaking classified information will be significantly toughened under new laws now set to pass Parliament.

The Government and Opposition struck an agreement late today, clearing the final roadblock to the Espionage and Foreign Interference bill.

But there is still no agreement on another bill aimed at forcing those acting on behalf of others nation to declare their interests.

Andrew Hastie made a dramatic parliamentary intervention last week which paved the way for today's agreement. Picture: AAP (AAP)

The committee will propose a raft of amendments to deal with the concerns raised by an alliance of academic, media and community groups in a bi-partisan report to be released on Tuesday.

The amended bill will be scheduled for debate in June and, with the support of both parties, there is now little doubt it will become law.

But the passage of this legislation though the committee risked shattering the bi-partisan approach to national security which has been a hallmark of the intelligence committee.

Labor's Anthony Byrne has been instrumental in securing bi-partisan support for the law changes. Picture: AAP (aap)

It was the belief that both Labor and the Government were dragging their feet on the laws that prompted committee chair Andrew Hastie to make a dramatic intervention last week, using Parliamentary privilege to make a series of allegations about a major political donor .

What was missed by many in that intervention was that he was supported in tabling documents by the committee’s deputy chair, Labor MP Anthony Byrne.

Mr Byrne has been instrumental in securing bi-partisan agreement to the final committee report.

The bill amends the criminal code to introduce new espionage offences and offences relating to foreign interference with Australia’s political and democratic processes.

Sabotage will soon include causing damage to critical infrastructure that could harm Australia’s national security and there will be a new offence relating to theft of trade secrets on behalf of a foreign government.

It also introduces new offences relating to treason and other threats to national security, such as interference with Australian democratic or political rights by conduct involving the use of force, violence or intimidation.

Media groups said expanding the legal definition of espionage to make it a crime to possess sensitive information would make criminals out of journalists.

The foreign interference legislation, and the commentary around it, was one factor driving the chill in the relationship between Canberra and Beijing.

When he introduced the bills in December, the Prime Minister said the laws were not aimed at any one country but it came hard on the heels of the Sam Dastyari affair , where the Labor Senator was forced from Parliament after becoming entangled with a Chinese benefactor.

Concern about growing interference by foreign powers in Australia’s affairs prompted Malcolm Turnbull to commission a joint investigation in August 2016, combining the resources of domestic spy agency, the Australian Security Intelligence Organisation (ASIO), and the department of Prime Minister and Cabinet.

As 9NEWS revealed, that top secret report uncovered a decade-long attempt by the Chinese Communist Party to compromise Australia's major political parties .