Federal treasurer Josh Frydenberg has been accused of rehashing old economic policy and trying to pass it off as new, as the latest data shows the jobless rate rising.
A Treasury paper planned for release outlines a 15 per cent concession to infrastructure projects worth more than $500 million, in a bid to stimulate the economy and attract foreign capital.
The tax incentive will cover energy, transport, water and communications projects, among other items, which meet the criteria.
Shadow treasurer Jim Chalmers said this won't help improve the slowest economic growth in a decade, weak business investment or wages growth.
"When Josh Frydenberg goes to work each day he's not thinking about how to grow the economy, he's thinking about how to distract from the fact that the economy is floundering," Mr Chalmers said.
"Pretending that an old policy is new again or a new way to deal with an economy which is slowing is not a plan, it's a con."
Mr Frydenberg also urged state and territory governments to make boosting productivity a crucial priority, arguing more federal money won't solve the issue.
He said they must work collaboratively to make the economy run more efficiently instead of relying on federal "bucket money" to boost wages and jobs.
Meanwhile, a defiant Employment Minister Michaelia Cash said the government won't shake up its policies despite the economy losing 19,000 jobs in October.
It's the workforce's worst month in three years, pushing unemployment higher and increasing chances of further cash rate cuts by the Reserve Bank.
Senator Cash said the slight rise in the unemployment rate to 5.3 per cent in October wasn't a surprise.
"Today's figures are not unexpected given the strong monthly consecutive employment growth," she told reporters in Canberra.
Employment growth remained above the decade average, the minister argued, urging Australians to look at the worse-than-expected figures as part of the entire year.
"The economy has created over 250,000 jobs," she said of the past 12 months.
But the Australian Council of Trade Unions said more than one million people are trying work more hours, but can't.
"The Morrison government has created double jeopardy for working people with both increasing unemployment/underemployment and falling wages growth," ACTU secretary Sally McManus said in a statement.
"Australian workers need good, steady jobs but the Morrison government is waving through more insecure forms of work and giving a green light to companies that want to exploit vulnerable temporary migrant workers."
Australian Associated Press