Sam Dastyari tells Senate he was shocked by the audio of his 2016 press conference, saying it didn't accord with his recollection. #auspol
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Senator Dastyari's statement took just over two minutes, then he promptly left chamber. Attorney-George Brandis delivering response.
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Attorney-General says Senator Dastyari's demotion from the Labor frontbench is "far from the end of the matter."
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Outside, Malcolm Turnbull tells reporters: "Dastyari should leave the Senate. If he refuses to resign, Shorten should dump him."
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Some key quotes from Sam Dastyari's brief statement: "A recent audio recording shocked me as it did not match my recollection of events."
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Dastyari: "When a public official makes a statement that contradicts events, there are consequences."
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On his six year old daughter answering questions about his dealings with China: "That breaks the heart of any father."
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"I will always put the party first and don't want to be a distraction. I will work and continue to work for the people of NSW."
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