In 2001, Rafter reached the semifinals of the Australian Open. Despite holding a two sets to one lead and having the support of the home crowd, Rafter lost the match to Agassi in five sets. Later in the year, Rafter again reached the Wimbledon final. For the third straight year, he faced Agassi in the semifinals and won in yet another five-setter, 2–6, 6–3, 3–6, 6–2, 8–6. Much like the previous year's semifinal, this match also received praise for the quality of play that the two men displayed. In the final, he squared off against Goran Ivanišević, who had reached the Wimbledon final three times before but had slid down the rankings to World No. 125 following injury problems. In a five-set struggle that lasted just over three hours, Ivanišević prevailed. He played his last match at the Davis Cup final, winning the singles rubber but losing the doubles rubber.