The pace bowler has secured 309 wickets in 71 Test matches with an impressive average.
Australia's chief selector the selector has stated that skipper Cummins will be a central figure in this winter's Ashes series.
Rumors had circulated that the veteran bowler might miss the series due to a stress fracture in his back that was still troubling him.
Earlier indications from team management suggested no official announcement had been made regarding Cummins' participation, with the Test matches scheduled to begin on November 21 in Perth.
Bailey expressed that his recovery is on track and felt positive about his chances of participating.
"We know that the clock is ticking and there are permutations at play, not only the back issue, but additional elements," the selector added.
"The outlook is good. There's strong faith that he will feature a significant role. With luck from the opening match. Otherwise, then we'll pick it up."
Injury History
The captain missed Australia's limited-overs series against India and New Zealand recently after examinations confirmed a stress reaction in his back.
There is a track record of back injuries, with recurrences in several earlier campaigns causing him to miss three Australian summers in a limited period.
The bowler mentioned he would be ""aggressive" and "take risks" in his rehabilitation process to ensure his availability for the Ashes.
He mentioned that there was no confirmation if Cummins had begun bowling as part of his recovery but admitted it was "becoming urgent" for him to regain fitness for the opener.
Alternative Arrangements
In case of absence, former captain Steve Smith will lead the side.
All-rounder Cameron Green was withdrawn recently from the national team for their ODI contests against the subcontinent side as a precautionary measure because of an abdominal issue.
Bailey described it as a "slight concern and mentioned that Green will play in the domestic first-class competition, so will be "well-prepared to be ready to bowl."
"Considerable effort has gone into creating the schedule for him to participate for the opening match as an all-rounder," Bailey explained.
"He was only going to play the starting games regardless. How he handles the willow in shorter formats, if it causes any delay for another day, we just made the decision to approach this more conservatively."
Series Schedule
The Historic Rivalry
Spanning from late 2025 to early 2026