You will get at least $500 (I actually think you will get a lot more) - they put aside about $600 per year per child so that even if your estimate is spot on, you would at least get that. I can't remember how old your little man is, but if he is not quite a year, they calculate it on how many days he was in your care.
We only put our tax returns in on the 9 July and we received our payment on Monday (18th July) so they were super fast. We are still waiting for our tax refund though but the tax office must have passed all our info onto the family tax office.
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