However, Mr Peddle said he never intended to kill or harm anyone and was trying to protect himself.
Outside the court, Mr Peddle told The Daily Post he was relieved and he could finally get on with his life.
The verdict came back late in the morning and Mr Peddle said he had a premonition earlier in the day that he would be having a drink of Guinness by lunchtime and that was exactly what he planned to do.
Mr Peddle said he had not had much faith in the justice system before the trial but was "pretty stoked" about being found not guilty.
As a result of being charged, he had lost everything including the custody of his son.
He said he would be re-evaluating his life now and look to complete a Certificate in Social Services which he had started at Bay of Plenty Polytechnic.
Mr Peddle's father, Graham Peddle, sat in court throughout the trial and broke down after hearing the jury had found his son not guilty.
Graham Peddle said waiting for the verdict had made yesterday the hardest day of his life.
"Our family at long last is back together as one ... It has been such an ordeal. I want to thank everybody that has been helping us get through that."