1.Coat beef in flour, shake away excess. Heat oil in large saucepan. Cook beef, in batches, until browned. Remove from pan.
2.Cook onion, garlic and bacon in same pan, stirring, until bacon crisps. Add paste and stir 1 minute.
3.Return beef to pan with stock, undrained tomatoes and sauce. Bring to the boil, then simmer, covered, 1 hour, stirring occasionally.
4.Add potato, kumara and capsicum to pan. Simmer, uncovered, stirring occasionally, about 30 minutes or until beef is tender. Serve casserole sprinkled with thyme.
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