This is Chris A. Masters (aka the reverend Ian Sane), Bryce (B.J.) Stevens and Steve Proposch, editorial team for Bloodsongs magazine, taken in St.Kilda cemetery 1994.
Bloodsongs magazine was an Aussie-born horror mag, for which I did a little illo work alongside Shaun Tan, Steve Carter and Rod Williams, and which featured writers like Ramsay Campbell, Poppy Z. Brite, Robert Hood, Sean Williams, Richard Harland and D.F. Lewis.
This was just us, having a bit of fun. With knives. There's a shot of the three of them "killing" me, too. I'll have to see if I can dig it up.