Recently, Apple has decided that due to various issues with their maintained version of Java, that it is time to discontinue java. With a patch released on Oct 18th, they have removed java from all versions of OSX that they work with.
Going forward, OSX will now allow you to install the copy of Java that Oracle maintains.
A copy can be found here:
This latest download only supports 64 bit versions of OSX. Any 32 bit installations are no longer supported.
More details about his issue can be found here: