There has been a marked switch from spending on services to spending on goods, though that has started to unwind in recent months. Household incomes have been very high. This has been a remarkable episode where households' incomes have risen at the same time as the economy has been through a historically large recession.
That reflects the large support provided to the household sector by fiscal policy through JobKeeper and JobSeeker, and more recently by the very strong employment growth. Because consumption opportunities have been significantly constrained at various times over the past year, the strength in household income has shown up in high saving.