Public sector tie to Qld MPs' pay: Labor

Labor wants jobs to be one of the key policy issues of the Queensland election, but insists it won't focus on the employment conditions of its own MPs.

Opposition Leader Annastacia Palaszczuk campaigned at a brick factory in Ipswich on Monday, where she promised a $40 million Business Development Fund to encourage innovation in the private sector.

Ms Palaszczuk said while she was focusing on jobs creation, she wouldn't try to influence the growth of her own pay packet or that of other politicians.

"Future MP pay rises will be linked to public sector increases and I will legislate (that)," she said.

"And I challenge (Premier) Campbell Newman to do exactly the same."

The Newman Government came under fire last year after an independent remuneration tribunal set politician pay rates, which saw the premier's wage increase by about $70,000 a year.

Unions lobbied to tie politicians' pay to public sector wages following the public outcry.

Ms Palaszczuk on Monday also ruled out forming a minority government with minor parties and independents, despite being open to the idea earlier in the campaign.

"Let me make it very clear: no, no, no, no deals," she said.

The Business Development Fund is the first part of what Ms Palaszczuk says will be Labor's comprehensive jobs package.

She has been vocal during the campaign about Queensland's 6.9 per cent unemployment rate, which is the equal-highest in Australia, and pockets of high youth unemployment.

The fund will provide $40 million over four years to help small and medium businesses develop their ideas.

It will be managed by an independent joint-venture partner and investments will be offered on a 50-50 basis, meaning the government will contribute the same amount as the start-up to develop its idea.