Pat Cummins appeals unsuccessfully during the first day of the fifth Ashes Test match at the Oval cricket ground in London on Thursday. AP
The tourists won at Old Trafford last week to take a 2-1 lead in the five-match series, meaning they will retain the urn regardless of the result in London.
But Paine said his side were "very hungry" to complete the job.
To stand any chance of levelling the series, World Cup winners England will have to find a way to solve the riddle of the immovable Steve Smith, who has scored 671 runs in just five innings at an astonishing average of more than 134.
All-rounder Mitchell Marsh and seamer Peter Siddle have been brought in for the tourists, with batsman Travis Head and paceman Mitchell Starc missing out.
For England, Ben Stokes is playing as a specialist batsman due to a shoulder injury. All-rounders Sam Curran and Chris Woakes replace Jason Roy and Craig Overton.
"It's a little bit overcast," said Paine. "If it was sunny, we'd have had a bat but there's grass on the pitch and hopefully we can take advantage."
England captain Joe Root said he would have chosen to bat.
"It looks a good wicket," he said. "There is live grass so it might move around a little bit early on but it's dry underneath. We can't win the Ashes back this week but we can draw the series.
"There's plenty of incentive there and we'll do everything we can to win this game."
England: Rory Burns, Joe Denly, Joe Root (capt), Ben Stokes, Jonny Bairstow, Jos Buttler, Sam Curran, Chris Woakes, Jofra Archer, Stuart Broad, Jack Leach.
Australia: David Warner, Marcus Harris, Marnus Labuschagne, Steve Smith, Matthew Wade, Mitchell Marsh, Tim Paine (capt,wkt), Pat Cummins, Peter Siddle, Josh Hazlewood, Nathan Lyon.
Umpires: Marais Erasmus (RSA), Kumar Dharmasena (SRI)
TV umpire: Ruchira Palliyaguruge (SRI)
Match referee: Javagal Srinath (IND)
"Cricket deserves much better than that. And Lord's, the home of cricket, deserves much better than that also," president Greg Dyer and chief executive Alistair Nicholson said in a joint statement.
Australia faced a target of 267 in 48 overs to win the second Ashes Test after England captain Joe Root declared his side's second innings on 258-5 at Lord's on
The star batsman fell face forward onto the ground and received several minutes of on-field treatment involving both Australian and England medical staffs amid concerns he could be concussed. He eventually got to his feet and then, after a prolonged conversation with Australia team doctor Richard Saw, decided to retire hurt with Smith receiving a generous round of applause as he walked back into the pavilion.
Sunrisers Hyderabad (SRH) and Royal Challengers Bangalore (RCB) will look to take early advantage with a win in their first match of the Indian Premier League (IPL) at the Dubai International
Tadej Pogacar became the first Slovenian to win the Tour de France after he retained the yellow jersey in the 21st stage on Sunday, a day after he pulled off a major coup to take the overall lead.
A rampant Delhi Capitals defeated Kings XI Punjab in the Super Over to register their first win of the season at the Indian Premier League (IPL) in Dubai on Sunday.