Graph 7 %  Household Consumption and Income Nominal, year-ended growth  10  10 0  %  Disposable income  Consumption  0 -10  -10 %  %  Saving ratio  15  15  10  10  5  5  0  0  -5  -5 2020  1995  2000  2005  2010  2015  Sources: ABS; RBA  There are two factors at work here.
The first is that Australians were more cautious and had fewer opportunities to spend, given that many services were simply unable to be offered. As these opportunities disappeared, households did adjust their spending patterns, spending more on electronics and exercise equipment and online.