diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8a94cc9b..851390dc 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,27 @@
 
 All notable changes to this project are documented in this file.
 
+## 0.6.1
+
+**Release date:** 2021-01-14
+
+This prerelease fixes a regression bug introduced in `v0.6.0` that caused
+reconciliation request annotations to be ignored in certain scenarios.
+
+Two new argument flags are introduced to support configuring the QPS 
+(`--kube-api-qps`) and burst (`--kube-api-burst`) while communicating
+with the Kubernetes API server.
+
+Improvements:
+* Add support for QPS and burst configurations
+  [#233](https://github.com/fluxcd/kustomize-controller/pull/233)
+* Update source-controller to v0.6.1
+  [#234](https://github.com/fluxcd/kustomize-controller/pull/234)
+
+Fixes:
+* Upgrade runtime package to v0.6.2 for regression bug fix
+  [#234](https://github.com/fluxcd/kustomize-controller/pull/234)
+
 ## 0.6.0
 
 **Release date:** 2021-01-12
diff --git a/config/manager/kustomization.yaml b/config/manager/kustomization.yaml
index 9edf7f01..ebacc46e 100644
--- a/config/manager/kustomization.yaml
+++ b/config/manager/kustomization.yaml
@@ -5,4 +5,4 @@ resources:
 images:
   - name: fluxcd/kustomize-controller
     newName: fluxcd/kustomize-controller
-    newTag: v0.6.0
+    newTag: v0.6.1
diff --git a/go.mod b/go.mod
index 541fb968..63f557ba 100644
--- a/go.mod
+++ b/go.mod
@@ -6,7 +6,7 @@ replace github.com/fluxcd/kustomize-controller/api => ./api
 
 require (
 	github.com/cyphar/filepath-securejoin v0.2.2
-	github.com/fluxcd/kustomize-controller/api v0.6.0
+	github.com/fluxcd/kustomize-controller/api v0.6.1
 	github.com/fluxcd/pkg/apis/meta v0.5.0
 	github.com/fluxcd/pkg/runtime v0.6.2
 	github.com/fluxcd/pkg/testserver v0.0.2