The federal opposition won’t be represented at the upcoming Jobs and Skills Summit in Canberra, as pressure grows on Labor to ditch income tax cuts for the wealthy.

Neither Opposition Leader Peter Dutton nor any other shadow frontbenchers will attend the summit, to be held at Parliament House on September 1 and 2.

The summit – a Labor election promise – will aim to address Australia’s economic challenges and will bring together about 100 representatives from the business, union, and community sectors.

Mr Dutton has received a letter formally inviting him to attend, but has labelled the event a “stunt with the unions”.

“We will support all sorts of good policy from the government, we’ve demonstrated that. But we’re not going to support stunts,” he said in Brisbane on Wednesday.

He noted the letter had been leaked to the media shortly after it was sent to him.

“The [unions] completely hold the Labor Party on a string and the outcome of the job summit will represent the priorities of the unions.”

Liberal deputy leader Sussan Ley said no one from the Coalition would go.

However, Nationals leader David Littleproud, who has not yet been formally invited, said he would go if he was.

“Yes, I think regional and rural Australia needs a strong voice,” he told Sky News.

Treasurer Jim Chalmers said Mr Dutton was “isolated” in his stance.

“His position does not reflect the position of mainstream Australia, the position taken by the business community, by the union movement, by different levels of government, different political persuasions of state governments and local councils,” he said.

“He is a destructive figure in a country that wants to collaborate and seek consensus. We are representing those efforts, guiding and leading those efforts to work together at the same time as he’s trying to wreck it.”

Elsewhere, an Australian Council of Trade Unions paper released ahead of the summit has outlined one vision for outlining how the economy could be overhauled in the national interest.

ACTU secretary Sally McManus said Australian workers had suffered through nearly a decade of insecure work and stagnant wages, and now faced historically high inflation resulting in real pay cuts.

The Greens welcomed the ACTU’s call to use targeted tax measures to cool off demand, including an excess profits levy on companies, incentives for businesses to invest in capital and cancellation of the planned stage three tax cuts for higher-income households.

Greens treasury spokesman Nick McKim said the Labor government should walk away from the high-end income tax cuts.

“[Former PM] Scott Morrison’s stage three tax cuts will overwhelmingly flow to the wealthiest people in the country, with a $9000 tax break for people earning $200,000 but nothing for those on the minimum wage,” Senator McKim said.

“Instead of giving a tax cut to billionaires and politicians, we should be putting dental and mental health into Medicare and making childcare free.”

The Greens also welcomed the ACTU’s call for the introduction of super profits taxes.

The Greens also welcomed the ACTU’s call for the introduction of super profits taxes.

Shadow treasurer Angus Taylor said the ACTU’s plan would send a wrecking ball through the economy.

“The answer to addressing rising inflation isn’t heavy-handed government or eliminating stage three tax cuts, it’s to have sensible fiscal and monetary policy driven by a focused, independent Reserve Bank,” he said.

Outcomes from the summit and subsequent discussions are expected to inform the Albanese government’s first budget on October 25.

-with AAP