The mining industry has taken aim at the Federal Government's , saying it will only increase the regulatory burden on the industry.
Unions have largely welcomed the plan, which includes new legislation to ensure major projects give local companies early notice of contract opportunities.
Projects worth more than $2 billion will also be forced to have an Australian Industry Opportunity officer in the workplace.
Ms Gillard says the plan is designed to keep the local manufacturing industry competitive, despite the high Australian dollar and other economic pressures.
But the Minerals Council has described the measure as unnecessary, unwarranted and inefficient.
David Boas from the Australian Petroleum Production and Exploration Association agrees.
"We're a bit concerned that it does involve a bit more of regulatory creep with the provisions in there for Australian industry plans," he said.
A series of new manufacturing precincts will also be established to develop new products and skills to break into new markets.
The Government plans to fund the jobs package by removing a research and development tax break for the country's 20 biggest companies.
Ms Gillard predicts the plan will inject $1.6 billion into the economy.
The Australian Chamber of Commerce and Industry says the package deserves popular support, not nitpicking.