The hosts are placed comfortably at top with two wins from as many matches but their line up will be without Bailey, who has been suspended for the team's slow over rate, all-rounder Shane Watson and David Warner -- due to hamstring issues.
England had lost to Australia in the opening match but the British side outplayed India in the next game and will surely fancy its chances against the hosts.
A victory for England will make it wide open and then all three teams will have a chance to make the summit clash.
Australia were dominant against England in the first match and also for a major part of the contest against India, thanks to impressive show by their batsmen as well as bowlers.
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However, England looked much better and competitive against India and the Britons would believe that they can exploit the absence of regular members of the squad.
It remains to be seen if Mitchell Marsh is also drafted into the side.
For England, their batsmen struck form in the second match against India but in that contest they were under no pressure, chasing a mere 154.