In short:

An Australian bank has frozen the accounts of a prominent Neo-Nazi leader, while a US-based technology firm has blocked the group's attempts to solicit donations online.

The nation's corporate watchdog has also revoked the group's proposed company name, "White Australia".

Despite these actions, the Neo-Nazi organisation claims it has collected 1,495 of the 1,500 signatures required to register as a federal political party.

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[–] eureka@aussie.zone 3 points 2 days ago

The article says that apart from the ASIC parts, companies are doing this independently, not due to government pressure. There are a few foreign neo-Nazi groups on Australia's terrorist entity list, but the NSN are not officially considered a terrorist group, despite repeatedly committing violent political terrorists acts on citizens. (Also, the AEC has said it appears White Australia will likely be able to register that party name electorally)

That all said, it is important that we as citizens continue to develop the power to push these companies to repress neo-Nazis and not pro-social political activists.