Graduate hopes Australian industrial leaders find faith (4'1)

I believe the answer is:

baha'i

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'faith' is the definition.
I know nothing about this answer so I can't judge whether this works.

'graduate hopes australian industrial leaders' is the wordplay.
'graduate' becomes 'ba'.
'leaders' suggests taking the first letters.
The first letters of 'hopes australian industrial' is 'hai'.
'ba'+'hai'='BAHA'I'

'find' is the link.

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I've seen this clue in the Sydney Morning Herald.

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