Preheat oven to 150℃ (300°F)
Trim fat off meat and cut into nice cubes about 5cm.
Chop onion.
Halve carrots lengthways then slice in to chunks.
Slice and dice the silverbeet.
Heat oil to low heat in a heavy based saucepan.
Add onion, carrots, bay and whole thyme sprig.
Soften for 10 mins, then stir in the flour until it doesn’t look dusty anymore.
Gradually stir in beef stock.
Remove and place in a casserole dish with silverbeet.
Return pan to heat and add ¼ of the meat and quickly brown on all sides. Remove from heat and add to casserole dish.
Repeat with remaining meat, stirring in one quarter at a time.
Cover and put in the oven for 2½ hrs, then uncover and cook for 30mins – 1hr more until the meat is really tender and the sauce is thickened.