diff --git a/CHANGELOG.md b/CHANGELOG.md
index a1e5aedf..820756e8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,18 @@
 Release Notes
 ---
 
+## [0.5.0](https://github.com/substrait-io/substrait-java/compare/v0.4.0...v0.5.0) (2023-02-05)
+
+
+### Features
+
+* upgrade substrait to 0.23.0 ([#124](https://github.com/substrait-io/substrait-java/issues/124)) ([63cfcb3](https://github.com/substrait-io/substrait-java/commit/63cfcb33fa7818e91303d79317c12b8489a9014f))
+
+
+### Bug Fixes
+
+* decimal parsing reversed ([#126](https://github.com/substrait-io/substrait-java/issues/126)) ([35aa306](https://github.com/substrait-io/substrait-java/commit/35aa306c4fda4ec5f24eb1fc83f295c49aea26d6))
+
 ## [0.4.0](https://github.com/substrait-io/substrait-java/compare/v0.3.0...v0.4.0) (2023-01-29)
 
 
diff --git a/gradle.properties b/gradle.properties
index 4f00a22a..2cd0595b 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -20,7 +20,7 @@ slf4j.version=1.7.25
 jackson.version=2.12.4
 
 #version that is going to be updated automatically by releases
-version = 0.4.0
+version = 0.5.0
 
 #signing
 SIGNING_KEY_ID = 193EAE47