I've been using the regular unleaded on mine which too is 96 HSE and runs fine on it. I did try the 95 premium a while back, though I did notice a slight improvement in smoothness and responsiveness, I did not gain any better economy out of it. So you have to ask yourself, is it really worth spending the extra 10 cents per litre for no economic gain?
Also the Australian spec P38's are low compression motors anyway, so they really don't need the higher octane.
One thing I would not suggest using is using E10. And that is despite the VACC website telling you otherwise. The P38's are too older vehicle too gamble on the E10, eventhough they say its safe too use, you need to remember that the P38 was built before the ethanol craze, and weren't built with ethanol in mind. The newer models I.e L322 or the latest series 4 built from 2005 onwards would most likely have no issues on the E10 being a later vehicle, but not the P38. In fact I'm convinced that my fuel pump failed as a result of using the E10 previously.


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sorry ..double post

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