diff --git a/CHANGELOG.md b/CHANGELOG.md
index d7a2e027cd..927f1e5c5f 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,8 @@ Canonical reference for changes, improvements, and bugfixes for Boundary.
 
 ## Next
 
+## 0.3.0 (2021/06/08)
+
 ### Deprecations/Changes
 
 * `password` account IDs: When the `oidc` auth method came out, accounts were
diff --git a/Makefile b/Makefile
index e5f8476042..b483dcb052 100644
--- a/Makefile
+++ b/Makefile
@@ -162,7 +162,7 @@ install-go:
 # Docker build and publish variables and targets
 REGISTRY_NAME?=docker.io/hashicorp
 IMAGE_NAME=boundary
-VERSION?=0.2.3
+VERSION?=0.3.0
 IMAGE_TAG=$(REGISTRY_NAME)/$(IMAGE_NAME):$(VERSION)
 IMAGE_TAG_DEV=$(REGISTRY_NAME)/$(IMAGE_NAME):latest-$(shell git rev-parse --short HEAD)
 DOCKER_DIR=./docker
diff --git a/docker/Release.dockerfile b/docker/Release.dockerfile
index 80b96f5d29..3007925ecc 100644
--- a/docker/Release.dockerfile
+++ b/docker/Release.dockerfile
@@ -1,6 +1,6 @@
 FROM docker.mirror.hashicorp.services/alpine:3.10
 
-ARG VERSION=0.2.3
+ARG VERSION=0.3.0
 
 LABEL name="Boundary" \
       maintainer="HashiCorp Boundary Team <boundary@hashicorp.com>" \
diff --git a/packages-oss.yml b/packages-oss.yml
index 3077698866..6c58713eb5 100644
--- a/packages-oss.yml
+++ b/packages-oss.yml
@@ -10,7 +10,7 @@ config:
 inputs:
   defaults:
     PRODUCT_NAME: boundary
-    PRODUCT_VERSION: 0.2.3
+    PRODUCT_VERSION: 0.3.0
     BUILD_TAGS: ui
     CGO_ENABLED: 0