diff --git a/etc/kayobe/kolla/globals.yml b/etc/kayobe/kolla/globals.yml
index 72585ae84..f97ca49d8 100644
--- a/etc/kayobe/kolla/globals.yml
+++ b/etc/kayobe/kolla/globals.yml
@@ -5,11 +5,13 @@ docker_yum_gpgkey: "https://download.docker.com/linux/centos/gpg"
 
 {% if kolla_base_distro == 'centos' %}
 bifrost_tag: wallaby-20220921T100954
+magnum_tag: wallaby-20230111T101726
 rabbitmq_tag: wallaby-20221205T160115
 {% else %}
 bifrost_tag: wallaby-20220825T112231
 cloudkitty_tag: wallaby-20221215T220154
 kolla_toolbox_tag: wallaby-20221222T161624
+magnum_tag: wallaby-20230111T103759
 neutron_tag: wallaby-20221222T161624
 neutron_tls_proxy_tag: "{% raw %}{{ openstack_tag }}{% endraw %}"
 nova_tag: wallaby-20221222T161624
diff --git a/releasenotes/notes/magnum-bump-tags-7841edcbd3da4b9c.yaml b/releasenotes/notes/magnum-bump-tags-7841edcbd3da4b9c.yaml
new file mode 100644
index 000000000..28b922e76
--- /dev/null
+++ b/releasenotes/notes/magnum-bump-tags-7841edcbd3da4b9c.yaml
@@ -0,0 +1,10 @@
+---
+fixes:
+  - |
+    Fixes CoreDNS for Magnum clusters crashing on startup.
+  - |
+    Allows cinder-csi nodeplugin to start on the same Magnum cluster host as 
+    cinder-csi controllerplugin.
+  - |
+    Corrects ClusterRole rules for Magnum cluster-autoscaler, and sets
+    cluster-autoscaler pods to use hostNetwork.