New Bow Setup - Beginner Advice

Gday folks

I'm completely new to Bow hunting but not new to the world of it. I'm about to purchase my first bow and looking for advice on getting my first bow. I've tossed and turned the idea of getting a RTH bow which I'm still considering atm. However I have a slightly higher budget which I'm happy to spend the money on and I've put together a setup. The idea in my head is to purchase something that will last me a long time + gives me room to grow. My only question with something like this is it too overkill ?? I completely understand I wont be able to use it too its full potential from a long time, which is fine. Just wanted to ask you guys from some insight/thoughts and opinions on the subject. I'm also aware that there are extra parts needed to complete the setup but those will be purchased in my local pro shop along with all of this gear. The photo is just for research purposes.

Very excited to be join the bow hunting community.

Bow setup picture attached to thread.

Cheers