Who is going?

• Albanese government limited places at the summit to just 100, instantly making it the hottest ticket in town.
• The government will publish a full list of attendees closer to the summit but says it will be 30% employers and their representatives, 30% workers and unions, 40% subject matter experts and representatives from the community, education, employment services and social services sectors, and 10% from government.

What is on the agenda?

• Session on Maintaining full employment and growing productivity

What policies are proposed?

• The Australian Council of Trade Unions (ACTU) wants workers to be able to bargain with multiple employers at the same time
• Restrict employers' ability to apply to the Fair Work Commission for early cancellation of a workplace pay deal
• A price cap on essentials including electricity
• Non-union members to be charged a fee equal to 70% of union dues if they are covered by a pay deal negotiated by a union

What does the government say?

• The workplace relations minister, Tony Burke, told ABC's 7.30 the government is "not ruling things in or out" ahead of the summit.
• On multi-employer bargaining, Burke said: I do have to say I am very interested in what the ACTU have put forward... We need to be able to get bargaining moving"
• Low unemployment should create pressure to push wages up but the bargaining system has "leaks" in it

Other parties

• The Greens have signalled that they will move amendments to any industrial relations bills to implement their election promises to permanently set the minimum wage at 60% of the median wage and to close the gender pay gap by awarding above-inflation pay rises to women-dominated industries.

Where to after the summit

• By the end of the summit or, at the latest, when Chalmers delivers the budget in October, the federal government should announce a new, higher migration cap.
• Burke has said he will introduce an industrial relations bill this year, and he is prepared to act in some areas - such as blocking early termination of workplace pay deals - even if consensus with employers is not achieved.