Australia's world- Great Barrier Reef has been assigned a value for the first time. The advising company Deloitte Access Economics has outlined the of one of nature's most spectacular . Deloitte's report puts a value of US$42.5 billion on the reef, and a worth of US$4.9 billion a year to the Australian . It also supports 64,000 full-time jobs in the , fishing, recreation and scientific research industries. This is over three times more than those employed by Australia's national Qantas. The report says: "The livelihoods and businesses the reef supports across Australia exceeds the numbers supported by many we would consider too big to fail."
Deloitte says quantifying the World Heritage-listed reef's worth is one at conserving it for future . People will look after the reef better if they know how it is. Deloitte said the reef is worth "more than 12 Sydney Opera Houses". However, the reef and its 1,700 fish are in danger. Global warming is bleaching and killing the reef's . A local businessman said it was "astounding" that a value was put on the reef. He said: "Why on do we need...to quantify it in of money? We have a conscience to look after the Great Barrier Reef…. It's on our and we should be looking after it." He added: "If that motivates our ...then that is good."