I don't know what it would cost to have a block bored in Australia, but I can tell you what parts to use for this modification. I first heard about it from a Yahoo 210 club message board post from a member named Carlos, from Costa Rica. He said they race the 1608 combination there, built with 79mm Subaru Justy pistons with A10 rods. I sourced four 79mm [1mm oversize] Subaru Justy pistons from my local Subaru dealer [remember: the Justy is a three cylinder engine- so I had to order four pistons and two three-cylinder ring sets]. Eddie Rattley was nice enought to sell me an NOS set of A10 rods, which I sent to my machine shop to have the small end bored and bronzed bushed to the Subaru's 18mm wrist pin. It turns out, that was all wrong, because upon the test assembly, the A10 rods were
way too short. My fault, I shouldn't have taken Carlos' word for it about needing A10 rods for this combination. In any case the original A15 rods are all you need. I had them bronze bushed from their 19mm size down to the 18mm Subie size. Additionally, the small end of the rod needs to be narrowed as well, to fit properly in the Justy piston. We narrowed them on a surface grinder as shown:

After narrowing the rods looked like this:

When I put it together, the piston crowns were .070" below the deck at TDC. I then had the block decked .065". I haven't yet determined final compression ratio, but I am using the open chambered "H72" oval port head, so it will be around 10.25 to 1. Here's what the piston crown looks like. The Justy is a 3 valve per cylinder engine, hence the three valve reliefs:

In any case, there are advantages to boring these engines out 3mm. It is common knowledge that the larger the bore, the better a given cylinder head will flow. Boring an engine will also slightly raise the compression ratio as well. The downsides are that the engine may run a bit hotter. Personally, I wouldn't worry about needing to sleeve the block on its next rebuild. The A14's and A15's are easy to find here in the US for scrap prices.