Just one (diesel) engine engineer's opinion, but I'm going with LSJr's recommendation of the GP1 20w50. Especially with an aluminum block, the static clearances are only a part of the picture. As
@Cujet highlighted, it's the dynamic clearances that matter when you start yanking on those main and rod caps with literal tons of force. Who cares what the clearances are on a cold engine that's not moving? That's just a starting point. Add some heat and a couple bar of boost and a couple thousand Gs of acceleration on the reciprocating assembly and your running clearances will be triple or quadruple.
I think you want the higher film strength of a thicker base oil that reduces temporary shear.
IMO the question isn't whether to run 20w50 or thinner. Rather, it's whether to run 20w50 or a straight SAE 50 or SAE 60. I think the GP1 20w50 is probably the sweet spot for you in the Driven line.
I'm a valvoline guy at heart, though, so Black bottle VR1 20w50 synthetic is where I'd start as it's the safe option. It might not be the "best" choice but it's almost always a solid one.
Grey bottle VR1 SAE 50 would be an excellent choice as well and probably offers slightly higher MOFT in the bearings and on the stressed valvetrain parts. I think Valvoline have good distribution in Oceana too, so Aussies can source these oils quite easily at reasonable cost.
The ultimate choice would be the BARO from our friends at HPL, but I know shipping to Australia can be brutal, and it's already pricey oil.
PS: those head studs are sexy as it gets. Straight out of the NASA Fastener design manual.