Raes Junction is a small settlement in New Zealand, located at the intersection of State Highways 8 and 90, in the lower South Island. The highways which meet at the junction are the main routes to the Clutha valley for travellers from Dunedin and Invercargill respectively.
Raes Junction is by road from Milton, from Gore, and from Alexandra. The junction lies to the south of the Clutha River. The nearest town of any significant size is Lawrence, which is to the southeast.
The area was named after James Rae, who operated J. Rae's Junction Hotel during the late-1800s. The name for the area later became just Rae's Junction, and eventually the possessive apostrophe was lost. The area was also known as Bastings, after Horace Bastings, a member of the Otago Provincial Council.
Although the settlement itself is little more than a farming and horticultural community, its location at this mid-way junction is thus of considerable regional importance, as is the larger settlement of Beaumont, some six kilometres to the southeast. The Raes Junction school opened in around 1884 and closed in 1927.