The Great Barrier Reef has a total asset value of $56 billion and is "too big to fail", according to a new report.
Deloitte Access Economics has calculated the economic, social and iconic value of the world heritage site in a report commissioned by the Great Barrier Reef Foundation.
Tourism is the biggest contributor to the total asset value making up $29 billion.
The Great Barrier Reef generates 64,000 jobs in Australia and contributes $6.4 billion dollars to the national economy, the report said.
