Résumé en anglais
In this paper the author considers his long held view that the tangible illustrates and illuminates the intangible and uses two Australian examples to develop and challenge his preconceptions. The examples are the University of Sydney and the road corridor opening the areas south of Sydney. This is carried out by defining the origins and subsequent development of the places, identifying interested parties, investigating the tangible and intangible values over time and closes with adiscussion of the merits of the preconceived view and alternatives. The author concludes that his previous view was with merit but by far too simplistic and explores a more appropriate approach through the use of matrices based on interested parties and physical entities. A conclusion is reached that envisages a single entity within which the tangible andintangible are embedded and entangled and needing the experience and skills of the heritage professional to analyse.