A photo on the magazine's website shows Corby in the same black and white clothing and hat she was wearing when she left Bali's Kerokoban prison on Monday.
The veil is missing and she is clinking beers with her brother Michael.
The website of the magazine, which is aligned with the Nine Network, says the picture was supplied.
The Seven Network is believed to have brokered a deal with Corby for an interview with investigative program Sunday Night.
The deal is also believed to have included a photo shoot and interview with one of Seven's affiliated magazines which include's Woman's Day's rival New Idea.
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