Step 1: Preheat oven to 350 degrees F. Grease a 13 x 9-inch baking dish.
Step 2: Crumble bread into large bowl.
Step 3: Add pineapple, shredded coconut, macadamia nuts and melted butter to bread; mix well. Combine evaporated milk, coconut milk, sugar, eggs, cinnamon and nutmeg in another large bowl.
Step 4: Add milk mixture to bread mixture. The batter should be moist. Pour into prepared dish.
Step 5: Bake for 55 to 60 minutes or until wooden pick comes out clean. Cool on wire rack for 15 minutes.
Step 6: Cut into servings.
Step 7: Serve with warm Rum Sauce.
Step 8: Combine sugar and cornstarch in small bowl.
Step 9: Melt butter in small saucepan over medium heat. Stir sugar mixture and pineapple juice into butter.
Step 10: Cook, stirring constantly, until mixture begins to boil. Continue cooking, stirring constantly, for 1 minute or until thick. Remove from heat; stir in rum.
Step 11: Serve warm over bread pudding.
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