diff --git a/initializr/src/main/resources/templates/starter-build.gradle b/initializr/src/main/resources/templates/starter-build.gradle
index 666e2578..45567889 100644
--- a/initializr/src/main/resources/templates/starter-build.gradle
+++ b/initializr/src/main/resources/templates/starter-build.gradle
@@ -9,7 +9,7 @@ buildscript {
     }
     dependencies {
         classpath("org.springframework.boot:spring-boot-gradle-plugin:\${springBootVersion}") <% if (!bootOneThreeAvailable) { %>
-        classpath('io.spring.gradle:dependency-management-plugin:0.5.2.RELEASE')<% } %>
+        classpath('io.spring.gradle:dependency-management-plugin:0.5.4.RELEASE')<% } %>
     }
 }
 
diff --git a/initializr/src/test/groovy/io/spring/initializr/generator/ProjectGeneratorTests.groovy b/initializr/src/test/groovy/io/spring/initializr/generator/ProjectGeneratorTests.groovy
index de90182a..ddc379a3 100644
--- a/initializr/src/test/groovy/io/spring/initializr/generator/ProjectGeneratorTests.groovy
+++ b/initializr/src/test/groovy/io/spring/initializr/generator/ProjectGeneratorTests.groovy
@@ -316,7 +316,7 @@ class ProjectGeneratorTests {
 		request.bootVersion = '1.2.3.RELEASE'
 		generateGradleBuild(request)
 				.contains("springBootVersion = '1.2.3.RELEASE'")
-				.contains("classpath('io.spring.gradle:dependency-management-plugin:0.5.2.RELEASE')")
+				.contains("classpath('io.spring.gradle:dependency-management-plugin:0.5.4.RELEASE')")
 				.contains("apply plugin: 'spring-boot'")
 				.contains("apply plugin: 'io.spring.dependency-management'")
 	}
@@ -328,7 +328,7 @@ class ProjectGeneratorTests {
 		generateGradleBuild(request)
 				.contains("springBootVersion = '1.3.0.BUILD-SNAPSHOT'")
 				.contains("apply plugin: 'spring-boot'")
-				.doesNotContain("classpath('io.spring.gradle:dependency-management-plugin:0.5.2.RELEASE')")
+				.doesNotContain("classpath('io.spring.gradle:dependency-management-plugin:0.5.4.RELEASE')")
 				.doesNotContain("apply plugin: 'io.spring.dependency-management'")
 	}