The engine was designed to be run on a wide range of petrols, and was, in fact, sold in Canada without any precautions or problems during the period that only unleaded was available.
It will quite happily run on any petrol sold in Australia today, although for best results timing should be adjusted to suit the octane rating. Valve protectant is unnecessary unless you are almost exclusively driving at freeway speeds.
Unless compression ratio has been raised substantially there will be no benefit in using 98 octane - it is most likely 7:1 compression. Even if it is 8:1, there will be little benefit. 
Oils - as Dave says, follow the grade recommended in the handbook, but remember that even the cheapest oil is vastly superior to the best available when the engine was designed. 
John
				
			 
			
		 
			
				
			
			
				John
JDNSW
1986 110 County 3.9 diesel
1970 2a 109 2.25 petrol
			
			
		 
	
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