diff --git a/NEWS b/NEWS
index 3b94e5ba..1b193034 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,15 @@
+Changes in 1.4.7
+================
+
+* Pass `--wrap-mode=nodownload` to `meson setup` if building without network for the meson buildsystem
+* Install debug extension by default when using the `--install` argument
+* Support setting environment buildflags for the qmake buildsystem
+* Create a fixed alias for builddir of current module at `/run/active-build`
+* Set LANGUAGE to avoid AppStream output localisation
+* Fix a compiler warning
+* Improvements to docs and CI
+* Start new branching policy, document maintainance and versioning docs
+
 Changes in 1.4.6
 ================
 
diff --git a/configure.ac b/configure.ac
index 8b261bca..ae9ff0c0 100644
--- a/configure.ac
+++ b/configure.ac
@@ -2,7 +2,7 @@ AC_PREREQ([2.63])
 
 m4_define([flatpak_builder_major_version], [1])
 m4_define([flatpak_builder_minor_version], [4])
-m4_define([flatpak_builder_micro_version], [6])
+m4_define([flatpak_builder_micro_version], [7])
 m4_define([flatpak_builder_version],
           [flatpak_builder_major_version.flatpak_builder_minor_version.flatpak_builder_micro_version])
 
diff --git a/meson.build b/meson.build
index aac70bf5..66a77e70 100644
--- a/meson.build
+++ b/meson.build
@@ -3,7 +3,7 @@ project(
   'c',
   license: 'LGPL-2.1-or-later',
   meson_version: '>= 0.56.2',
-  version: '1.4.6',
+  version: '1.4.7',
   default_options: 'c_std=gnu99',
 )