Chris Dawson has been granted bail of $1.5 million at Central Local Court today following his charge and arrest for the murder and disappearance of his wife, Lynnette Dawson.
The former rugby league player reportedly thanked Magistrate Robert Williams who said that due to Chris' lack of criminal history. he will not be a threat to the community.
"While murder is the most serious offence, refusal of bail is not to be deemed a punishment … the applicant is not to be punished before a conviction," he said according to the ABC.
The Sydney Morning Herald reports that Mr Dawson will have to "surrender his passport, report daily to police and not to go further than 20 kilometres from a residence in Coolum except when required to attend court."
The matter will return to court in 2019 meaning he will be able to spend Christmas with his family.
The former Newtown Jets rugby star rose to notoriety after the successful podcast, "The Teacher's Pet" when in 1982, his wife Lynette Dawson mysteriously disappeared and Chris' lover Joanne Curtis, his 16 year-old PE student at Cromer High moved into their home on Sydney's northern beaches.
Chris Dawson was formally charged with murder on December 5 2018 and was refused bail.
Lynn's niece, Renee Sims, spoke out about the arrest and said that the family felt "absolutely massive relief" when they heard the news.
Speaking to Sunrise on the day of his formal charge, Lynn's niece Renee Sims, "Yesterday when we found out that he had been arrested - we weren't aware that was coming - so we're all incredibly shocked, and then it was just an overflow of emotion from everyone in the family, but today it's definitely relief."
WATCH: Hedley Thomas talks about the Dawsons on Australian Story.
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