diff --git a/CHANGELOG.md b/CHANGELOG.md
index e2419307..37d477d8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,17 @@
 
 All notable changes to this project are documented in this file.
 
+## 0.6.0
+
+**Release date:** 2021-01-12
+
+This is the sixth MINOR prerelease, upgrading the `controller-runtime`
+dependencies to `v0.7.0`.
+
+The container image for ARMv7 and ARM64 that used to be published
+separately as `source-controller:*-arm64` has been merged with the
+AMD64 image.
+
 ## 0.5.6
 
 **Release date:** 2020-12-18
diff --git a/config/manager/kustomization.yaml b/config/manager/kustomization.yaml
index dda9a0bf..01c5353a 100644
--- a/config/manager/kustomization.yaml
+++ b/config/manager/kustomization.yaml
@@ -6,4 +6,4 @@ resources:
 images:
 - name: fluxcd/source-controller
   newName: fluxcd/source-controller
-  newTag: v0.5.6
+  newTag: v0.6.0
diff --git a/go.mod b/go.mod
index 6115818c..1903f907 100644
--- a/go.mod
+++ b/go.mod
@@ -16,7 +16,7 @@ require (
 	github.com/fluxcd/pkg/ssh v0.0.5
 	github.com/fluxcd/pkg/untar v0.0.5
 	github.com/fluxcd/pkg/version v0.0.1
-	github.com/fluxcd/source-controller/api v0.5.6
+	github.com/fluxcd/source-controller/api v0.6.0
 	github.com/go-git/go-billy/v5 v5.0.0
 	github.com/go-git/go-git/v5 v5.2.0
 	github.com/go-logr/logr v0.3.0