diff --git a/README.md b/README.md
index ecb6088..5dda961 100644
--- a/README.md
+++ b/README.md
@@ -85,7 +85,7 @@ cp kubectl-crossplane /usr/local/bin
 #### Install the Platform Configuration
 
 ```console
-PLATFORM_VERSION=v0.0.5
+PLATFORM_VERSION=v0.0.7
 PLATFORM_CONFIG=registry.upbound.io/upbound/platform-ref-gcp:${PLATFORM_VERSION}
 
 kubectl crossplane install configuration ${PLATFORM_CONFIG}
@@ -203,7 +203,7 @@ Set these to match your settings:
 UPBOUND_ORG=acme
 UPBOUND_ACCOUNT_EMAIL=me@acme.io
 REPO=platform-ref-gcp
-VERSION_TAG=v0.0.5
+VERSION_TAG=v0.0.7
 REGISTRY=registry.upbound.io
 PLATFORM_CONFIG=${REGISTRY:+$REGISTRY/}${UPBOUND_ORG}/${REPO}:${VERSION_TAG}
 ```