Advice for my Gaming Build

[FlyingSnorlaxx22]

I made this build with the intentions of playing CSGO, League of Legends, Battlefield 4 and similar games. I will be using my flat screen television as a display for the moment and am just looking for advice. I am on a strict budget and I cannot increase the price above $850 AUD.
Here is the build: http://au.pcpartpicker.com/p/zMRZ6h

 

[Geekwad]

You would be much happier with this over time, and then just add a better cooler for overclocking and a case you like later on. With the much better hardware, you'll have the MUCH better performance while you can wait a bit to get the look you like:

PCPartPicker part list / Price breakdown by merchant

CPU: AMD FX-8320 3.5GHz 8-Core Processor ($217.00 @ Umart)
Motherboard: Asus M5A78L-M/USB3 Micro ATX AM3+ Motherboard ($94.00 @ IJK)
Memory: Kingston HyperX Fury Blue 8GB (2 x 4GB) DDR3-1866 Memory ($65.00 @ CPL Online)
Storage: Seagate Barracuda 1TB 3.5" 7200RPM Internal Hard Drive ($68.00 @ Umart)
Video Card: Asus GeForce GTX 950 2GB Video Card ($255.00 @ CPL Online)
Case: Silverstone PS08B (Black) MicroATX Mid Tower Case ($45.00 @ Umart)
Power Supply: EVGA 500W 80+ Bronze Certified ATX Power Supply ($79.00 @ PCCaseGear)
Wireless Network Adapter: TP-Link TL-WN881ND 802.11b/g/n PCI-Express x1 Wi-Fi Adapter ($19.00 @ CPL Online)
Case Fan: Deepcool XFAN 120 44.7 CFM 120mm Fan ($7.00 @ Mwave Australia)
Total: $849.00
Prices include shipping, taxes, and discounts when available

 

[R_1]

http://au.pcpartpicker.com/part/evga-power-supply-220g20550y1
I don't know the currency exchange but I would get a power supply on this list tier 1 or 2
http://www.tomshardware.co.uk/forum/id-2547993/psu-tier-list.html
the one you selected is a tier 3 and may be fine for your needs.
a good PSU should last through at least three builds, one from tier 1 will.