§ Sir G. Mitchesonasked the Minister of Labour the present rate of interest paid on the funded debt of the Unemployment Fund, and also the average rate of interest being earned on the invested surplus on current account?
§ Mr. E. BrownInterest at the rate of 3⅛ per cent. is payable on the funded debt of the Unemployment Fund. At the present time the net rate of interest received on the investments of the fund, after allowing for profit or loss on redemption, is about 2 per cent.