diff --git a/Containerfile b/Containerfile
index 7c001a1..469fb9a 100644
--- a/Containerfile
+++ b/Containerfile
@@ -1,14 +1,17 @@
+# The source of the parent container can be found here:
+# https://github.com/ansible/awx-ee
+
 FROM quay.io/ansible/awx-ee:latest
 
 MAINTAINER Paul Podgorsek <ppodgorsek@users.noreply.github.com>
 LABEL description Ansible AWX Execution Environment container with Cloud providers, Terraform, Kubernetes and other common tools.
 
-ENV ANSIBLE_COLLECTION_AWS_VERSION		3.2.0
-ENV ANSIBLE_COLLECTION_AZURE_VERSION	v1.12.0
-ENV ANSIBLE_COLLECTION_GCP_VERSION		v1.0.1
+ENV ANSIBLE_COLLECTION_AWS_VERSION		3.3.0
+ENV ANSIBLE_COLLECTION_AZURE_VERSION	v1.13.0
+ENV ANSIBLE_COLLECTION_GCP_VERSION		1.0.2
 ENV HELM_VERSION						v3.8.1
 ENV POSTGRESQL_VERSION                  14
-ENV TERRAFORM_VERSION					1.1.7
+ENV TERRAFORM_VERSION					1.2.3
 
 USER root
 
diff --git a/README.md b/README.md
index fb86442..e25a540 100644
--- a/README.md
+++ b/README.md
@@ -14,7 +14,7 @@ It is based on the official Ansible AWX EE image and mainly includes:
 
 * Kubernetes & Helm
 * PostgreSQL 14
-* Terraform 1.1.7
+* Terraform 1.2.3
 
 ## Versioning