non-owners with a financial interest in a scheme, including managing agents, letting agents and building managers, will not be able to become committee members. – See more at: http://www.flatchat.com.au/forum/another-day-in-paradise/new-strata-laws-a-preview/#p10338
This quote is from Jimmy’s summary of legislation changes.
It sounds to me that this will not stop caretakers/building managers who are owners being on the committee so in John T’s situation you would not be disadvantaged. I would add that a good building manager should not need to be on the EC to give good advice. In fact you should expect them to attend your meetings regardless to assist you in making good decisions.
The other important changes mooted also means that if an owner caretaker is on the committee they must remove themselves from voting on motions that would give them a financial benefit.
A win win in my book.