After serving 12 years in prison for the murders of his mother, father, and three siblings David Bain has been released on bail.

Bain's lawyers launched a bail application at the Christchurch High Court Tuesday after the Privy Council ruled last week that a gross "miscarriage of justice" had occurred.

Bain was sentenced to 16 years in prison after being found guilty in May 1995 of murdering his mother Margaret, his father Robin, sisters Arawa, 19, and Laniet, 18, and brother Stephen, 14.

Justice John Fogarty ruled that David Bain be released on bail to live at Joe Karam's property in Te Kauwhata, south of Auckland.

Bail conditions include: that Bain be accompanied by another at the property; that he does not have contact with his extended family or witnesses in the case. He does not have to report to police.

Observers report, on hearing the judgment, David Bain turned to the gallery, grinned broadly, and hugged Joe Karam – his most vocal supporter and writer of two books on the Bain case.

See below for Background to this BREAKING NEWS:

Justice: Privy Council Judgment Rules David Bain Conviction A Miscarriage of Justice The Privy Council has issued its judgment in the David Bain appeal case that sought to have his conviction in 1995 for the murder of his family quashed. It states "a substantial miscarriage of justice has actually occurred..." See... More (Entire Privy Council Judgment) >>

Also:

• (95bFM Audio): Mikey Havoc and Joe Karam: Joe Karam is David Bain's most vocal supporter. Mikey talks to him about the Bain case, the toll the case has taken, and his thoughts on the judiciary.
• (KiwiFM Audio): Wallace Chapman and the Prime Minister Helen Clark discuss: Budget set for Thursday; the David Bain case and the Privy Council v NZ Supreme Court; and Gang Ban policies.
• NZ Govt - Privy Council decision on David Bain
• United Future - Dunne: Bain decision raises serious questions
• Greens - Criminal Appeals Review Office Needed
• Greens - Other convictions need review: Greens
• Police - Police Wait For Details Of Decision On Bain
• LawFuel - Final Privy Council Case Slaps Judiciary in the Face
• Peterellis.org - Criminal Cases Review Commission
• Victoria University - Innocence Project established at Victoria
• Wikipedia – David Bain Case
• Earlier - David Bain To Receive Privy Cl Decision Tonight

Deaf Ears: Speaker On Support For Mojo Mathers

Scoop Audio: In a press conference this afternoon Speaker Lockwood Smith defended his handling of requests for support for profoundly deaf MP Mojo Mathers' participation in Parliament, and said he was "deeply concerned" by the way the issue had been portrayed.

Earlier today the Greens said they had been told they would have to fund support Mathers requires out of their own budget. More>>