diff --git a/docs/changes.rst b/docs/changes.rst
index eadf8e75..cb34993e 100644
--- a/docs/changes.rst
+++ b/docs/changes.rst
@@ -5,6 +5,16 @@ Changes
 This change log is used to track all major changes to Mopidy.
 
 
+0.3.0 (in development)
+======================
+
+No description yet.
+
+**Changes**
+
+- None so far.
+
+
 0.2.0 (2010-10-24)
 ==================
 
diff --git a/mopidy/__init__.py b/mopidy/__init__.py
index 5e1b26de..fffa25c7 100644
--- a/mopidy/__init__.py
+++ b/mopidy/__init__.py
@@ -3,7 +3,7 @@ if not (2, 6) <= sys.version_info < (3,):
     sys.exit(u'Mopidy requires Python >= 2.6, < 3')
 
 def get_version():
-    return u'0.2.0'
+    return u'0.3.0'
 
 class MopidyException(Exception):
     def __init__(self, message, *args, **kwargs):
diff --git a/tests/version_test.py b/tests/version_test.py
index fcc95c4c..a8bc2955 100644
--- a/tests/version_test.py
+++ b/tests/version_test.py
@@ -12,6 +12,7 @@ class VersionTest(unittest.TestCase):
         self.assert_(SV('0.1.0a1') < SV('0.1.0a2'))
         self.assert_(SV('0.1.0a2') < SV('0.1.0a3'))
         self.assert_(SV('0.1.0a3') < SV('0.1.0'))
-        self.assert_(SV('0.1.0') < SV(get_version()))
-        self.assert_(SV(get_version()) < SV('0.2.1'))
-        self.assert_(SV('0.2.0') < SV('1.0.0'))
+        self.assert_(SV('0.1.0') < SV('0.2.0'))
+        self.assert_(SV('0.1.0') < SV('1.0.0'))
+        self.assert_(SV('0.2.0') < SV(get_version()))
+        self.assert_(SV(get_version()) < SV('0.3.1'))