Australia raises rates from 49-year low Posted byadmin October 6, 2009 Australia became the OECD nation to raise interest rates on Tuesday when its central bank increased the official cash rate from 3 percent to 3.25 percent. Related posts: Simple Facebook question raises problems around the world Brazil’s soap operas linked to dramatic drop in birth rates Wilson’s heckle raises hackles on Facebook, Twitter Remains of five-year old boy found in crocodile’s stomach Peru’s pregnant women dying at ‘scandalous’ rates