May 28 (Reuters) - Australia and New Zealand Banking Group Ltd ANZ.AX :
* HAVE NOT RECEIVED ANY CONCERNS FROM AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY ON LEVEL OF CAPITAL
* PREPARING ANZ FOR 'COVID-NORMAL' WITH URGENCY
* VARIABLE REMUNERATION OF STAFF, PARTICULARLY SENIOR EXECUTIVES, TO BE MATERIALLY REDUCED GIVEN COVID-19 IMPACT
* BUDGETS FOR VARIABLE REMUNERATION & SALARY INCREASES ALREADY BEEN SIGNIFICANTLY REDUCED