diff --git a/hack/dependencies.yml b/hack/dependencies.yml
index 922035561..f31c845a2 100644
--- a/hack/dependencies.yml
+++ b/hack/dependencies.yml
@@ -2,9 +2,9 @@
 ytt_version: v0.40.1
 ytt_checksum_darwin: d46dba5e729e2fe36c369e96eaa2eb5354fb1bf7cf9184f9bfa829b8e5558b94
 ytt_checksum_linux: 11222665c627b8f0a1443534a3dde3c9b3aac08b322d28e91f0e011e3aeb7df5
-kbld_version: v0.32.0
-kbld_checksum_darwin: 5fc8a491327294717611974c6ab3da2bda3f3809ef3147c1e8472ac62af3ee18
-kbld_checksum_linux: de546ac46599e981c20ad74cd2deedf2b0f52458885d00b46b759eddb917351a
+kbld_version: v0.33.0
+kbld_checksum_darwin: 181ac8be5652b54344617d90aa8e83fbb41756d1b4b99168fec85d8813b3c1b2
+kbld_checksum_linux: 38a5dad7ed478d209c8206d95546989b2730c7fed914c78d85eed68a2233688e
 kapp_version: v0.46.0
 kapp_checksum_darwin: 7a3e5235689a9cc6d0e85ba66db3f1e57ab65323d3111e0867771111d2b0c1a3
 kapp_checksum_linux: 130f648cd921761b61bb03d7a0f535d1eea26e0b5fc60e2839af73f4ea98e22f